An investigation was announced for investors in NASDAQ:CCOI shares concerning possible breaches of fiduciary duties by certain Cogent Communications Holdings directors.
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 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.
On April 10, 2017, NASDAQ:CCOI shares closed at $43.75 per share.
Those who purchased NASDAQ:CCOI shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com