Cogent Communications Holdings (CCOI) Faces Securities Class Action Scrutinizing Wavelength Backlog as “Illusory,” Case Alleges – HBSS
Hagens Berman announced it is investigating legal claims against Cogent Communications regarding alleged violations of federal securities laws tied to disclosures about its wavelength backlog. The complaint alleges the backlog metric was illusory and misrepresented customer demand and growth prospects, covering the class period from February 2024 to May 2026.
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