Cogent Communications: Investors Face Securities Class Action Deadline
Levi & Korsinsky, LLP has notified investors of Cogent Communications Holdings, Inc. about an upcoming deadline for a securities class action lawsuit. Allegations focus on company leadership.
The law firm Levi & Korsinsky, LLP is reminding investors in Cogent Communications Holdings, Inc. of an upcoming deadline to participate in a securities class action lawsuit.
The lawsuit's allegations of individual liability center on founder and CEO David Schaeffer and CFO Thaddeus G. Weed. Their alleged control over SEC filings, certifications, and investor communications is a key aspect of the case.
The class action claims that the company made false and misleading statements regarding its business and financial condition. Investors who purchased Cogent Communications stock are advised to review the specific deadline and consider their legal options.