An investigation on behalf of investors in Cogent Communications Holdings, Inc. (NASDAQ:CCOI) shares over potential wrongdoing at Cogent Communications Holdings, Inc. was announced
San Diego, CA -- (SBWIRE) -- 09/06/2022 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Cogent Communications Holdings, Inc.
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 concerns whether certain Cogent Communications Holdings directors breached their fiduciary duties and caused damage to the company and its shareholders.
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:
Shareholders Foundation, Inc.
Christopher Clausen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, 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, investigation, and/or settlements are not filed/reached and/or 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.