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Cogent Communications Holdings Inc (NASDAQ:CCOI) Investor Investigation Announced

  • If you purchased shares of Cogent Communications Holdings Inc (NASDAQ:CCOI), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Cogent Communications Group, Inc.
Security
NASDAQ: CCOI

Summary

April 7, 2017 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Cogent Communications Holdings Inc (NASDAQ:CCOI) was announced over potential breaches of fiduciary duties by certain officers and directors at Cogent Communications Holdings Inc.

The investigation by a law firm concerns whether certain Cogent Communications Holdings Inc (NASDAQ:CCOI officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Cogent Communications Holdings Inc reported that its annual Total Revenue rose from $316.97 million in 2012 to $347.98 million in 2013 and that its Net Loss of $4.25 million in 2012 turned into a Net Income of $56.69 million in 2013.

Shares of Cogent Communications Holdings Inc (NASDAQ:CCOI) grew from $2.634 per share in September 2015 to as high as $43.42 per share in August 2016.

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