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Robbins LLP Reminds CCOI Investors of the Pending Class Action Lawsuit; Harmed Investors Should Contact the Firm for Information About Leading the Class Action Against Cogent Communications Holdings, Inc.
GlobeNewswire Inc.·
A securities class action lawsuit has been filed against Cogent Communications Holdings, Inc. (CCOI) for allegedly making false statements about its optical wavelength business backlog and financial capacity. The complaint alleges the company misrepresented customer demand and failed to disclose that most backlog orders were unlikely to convert to paid orders. CCOI's stock has declined over 80% from its Class Period high, with major drops following dividend cuts and weak financial disclosures. Investors have until September 21, 2026, to seek lead plaintiff appointment.
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