
Kaplan Fox & Kilsheimer LLP Notifies Cogent Communications Holdings, Inc. (CCOI) Investors of an Approaching Securities Class Action Deadline on September 21, 2026
Newsfile Corp
公開日時: Sep 19, 2026, 06:00 AM GMT+9
Sentiment Analysis
Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Cogent Communications Holdings, Inc. ("Cogent" or the "Company") on behalf of investors that purchased or otherwise acquired Cogent securities between February 29, 2024 and May 1, 2026 (the "Class Period").
If you are an investor in Cogent and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
If you are a member of the proposed Class, you may move the court no later than September 21, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.
According to the complaint, throughout the Class Period, "defendants represented that demand for optical wavelengths in Cogent's newly acquired wireline business was exceptionally strong and rapidly growing." However, according to the complaint and unknown to investors, "the order backlog that defendants routinely publicized during the Class Period was, by and large, illusory - a fact later confirmed when most of the purported backlog never turned into paying customers even after the Company's network had been fully repurposed." Further, according to the complaint, on May 4, 2026 the CEO and Chairman of the Board David Schaeffer conceded "[o]n wavelength installs, we have seen a variety of customers pushing out their acceptance of wavelengths." Following this the news, the price of Cogent common stock fell $6.79 per share, or 29% to close at $16.37 per share on May 4, 2026.
Source: Newsfile Corp
個別の投資に関する推奨やアドバイスを提供することを意図しておりません。ここで述べられている意見や見解は、あくまでも各記事の個人的見解です。