Press release
Investigation announced for Investors in shares of Cogent Communications Holdings, Inc. (NASDAQ: CCOI)
An investigation was announced over potential securities laws violations by Cogent Communications Holdings, Inc. in connection with certain financial statements.Investors who purchased shares of Cogent Communications Holdings, Inc. (NASDAQ: CCOI), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Cogent Communications Holdings, Inc. (NASDAQ: CCOI) concerning whether a series of statements by Cogent Communications Holdings, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Washington, DC based Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, South America, Australia, and Africa.
Cogent Communications Holdings, Inc. reported that its annual Total Revenue rose from $568.1 million in 2020 to $589.79 million in 2021, and that its Net Income increased from $6.21 million in 2020, to $48.18 million in 2021.
Shares of Cogent Communications Holdings, Inc. (NASDAQ: CCOI) $72.21 per share on April 6, 2022, to $55.16 per share on May 19, 2022.
Those who purchased shares of Cogent Communications Holdings, Inc. (NASDAQ: CCOI) have certain options and should contact the Shareholders Foundation.
Contact:
Christopher Clausen
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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