{"success":true,"data":{"pressRelease":{"id":"105189","rtpr_id":"nGNX8pWKH8","ticker":"CCOI","exchange":"NASDAQ","all_tickers":["CCOI"],"title":"CCOI UPCOMING DEADLINE : The Gross Law Firm Alerts Cogent Communications Holdings, Inc. Stockholders of Securities Class Action - Contact the Firm","author":"Globe Newswire","published_at":"2026-07-31T14:07:00.092Z","article_body":"NEW YORK, July 31, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the\nfollowing notice to shareholders of Cogent Communications Holdings, Inc.\n(NASDAQ: CCOI).\n\nShareholders who purchased shares of CCOI during the class period listed are\nencouraged to contact the firm regarding possible lead plaintiff appointment.\nAppointment as lead plaintiff is not required to partake in any recovery.\n\nCONTACT US HERE:\n\nhttps://securitiesclasslaw.com/securities/cogent-communications-holdings-inc-loss-submission-form/?id=197249&from=3\n\nCLASS PERIOD: February 29, 2024 to May 1, 2026\n\nALLEGATIONS: The complaint alleges that during the class period, Defendants\nissued materially false and/or misleading statements and/or failed to disclose\nthat: (a) the vast majority of the purported orders in Cogent’s optical\nwavelength “backlog” were unlikely to ever result in a paid order; (b)\nlarge quantities of the customers in Cogent’s purported optical wavelength\n“backlog” were unable or unwilling to accept delivery even if Cogent was\nin a position to provision the wavelength in a timely manner; (c) as a result\nof (a)-(b) above, defendants had materially misrepresented customer demand for\nCogent’s optical wavelength services and the nature of the Company’s\npurported “backlog” of wavelength orders; (d) as a result of (a)-(c)\nabove, Cogent was not on track to achieve its revenue and margin targets and\nsuch targets lacked a reasonable basis in objective fact; (e) Cogent did not\nhave the financial capacity or business fundamentals to maintain its\nlong-standing dividend policy; and (f) there was a material, undisclosed risk\nthat defendant Schaeffer would be forced to sell vast quantities of Cogent\nstock as a result of his high-risk pledging activities, thereby further\ndepressing the price of Cogent stock in the event the truth regarding\nCogent’s “backlog,” demand issues, and financial position were ever\nrevealed.\n\nDEADLINE: September 21, 2026 Shareholders should not delay in registering for\nthis class action. Register your information here:\nhttps://securitiesclasslaw.com/securities/cogent-communications-holdings-inc-loss-submission-form/?id=197249&from=3\n\nNEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased\nshares of CCOI during the timeframe listed above, you will be enrolled in a\nportfolio monitoring software to provide you with status updates throughout\nthe lifecycle of the case. The deadline to seek to be a lead plaintiff is\nSeptember 21, 2026. There is no cost or obligation to you to participate in\nthis case.\n\nWHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action\nlaw firm, and our mission is to protect the rights of all investors who have\nsuffered as a result of deceit, fraud, and illegal business practices. The\nGross Law Firm is committed to ensuring that companies adhere to responsible\nbusiness practices and engage in good corporate citizenship. The firm seeks\nrecovery on behalf of investors who incurred losses when false and/or\nmisleading statements or the omission of material information by a company\nlead to artificial inflation of the company's stock. Attorney advertising.\nPrior results do not guarantee similar outcomes.\n\nCONTACT:\nThe Gross Law Firm\n15 West 38th Street, 12th floor\nNew York, NY, 10018\nEmail: dg@securitiesclasslaw.com\nPhone: (646) 453-8903\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/0e447323-403e-415d-a0b4-846f2654a80f)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX8pWKH8","title":"CCOI UPCOMING DEADLINE : The Gross Law Firm Alerts Cogent Communications Holdings, Inc. Stockholders of Securities Class Action - Contact the Firm","author":"Globe Newswire","ticker":"CCOI","created":"2026-07-31T14:07:00.092Z","tickers":["CCOI"],"exchange":"NASDAQ","article_body":"NEW YORK, July 31, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the\nfollowing notice to shareholders of Cogent Communications Holdings, Inc.\n(NASDAQ: CCOI).\n\nShareholders who purchased shares of CCOI during the class period listed are\nencouraged to contact the firm regarding possible lead plaintiff appointment.\nAppointment as lead plaintiff is not required to partake in any recovery.\n\nCONTACT US HERE:\n\nhttps://securitiesclasslaw.com/securities/cogent-communications-holdings-inc-loss-submission-form/?id=197249&from=3\n\nCLASS PERIOD: February 29, 2024 to May 1, 2026\n\nALLEGATIONS: The complaint alleges that during the class period, Defendants\nissued materially false and/or misleading statements and/or failed to disclose\nthat: (a) the vast majority of the purported orders in Cogent’s optical\nwavelength “backlog” were unlikely to ever result in a paid order; (b)\nlarge quantities of the customers in Cogent’s purported optical wavelength\n“backlog” were unable or unwilling to accept delivery even if Cogent was\nin a position to provision the wavelength in a timely manner; (c) as a result\nof (a)-(b) above, defendants had materially misrepresented customer demand for\nCogent’s optical wavelength services and the nature of the Company’s\npurported “backlog” of wavelength orders; (d) as a result of (a)-(c)\nabove, Cogent was not on track to achieve its revenue and margin targets and\nsuch targets lacked a reasonable basis in objective fact; (e) Cogent did not\nhave the financial capacity or business fundamentals to maintain its\nlong-standing dividend policy; and (f) there was a material, undisclosed risk\nthat defendant Schaeffer would be forced to sell vast quantities of Cogent\nstock as a result of his high-risk pledging activities, thereby further\ndepressing the price of Cogent stock in the event the truth regarding\nCogent’s “backlog,” demand issues, and financial position were ever\nrevealed.\n\nDEADLINE: September 21, 2026 Shareholders should not delay in registering for\nthis class action. Register your information here:\nhttps://securitiesclasslaw.com/securities/cogent-communications-holdings-inc-loss-submission-form/?id=197249&from=3\n\nNEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased\nshares of CCOI during the timeframe listed above, you will be enrolled in a\nportfolio monitoring software to provide you with status updates throughout\nthe lifecycle of the case. The deadline to seek to be a lead plaintiff is\nSeptember 21, 2026. There is no cost or obligation to you to participate in\nthis case.\n\nWHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action\nlaw firm, and our mission is to protect the rights of all investors who have\nsuffered as a result of deceit, fraud, and illegal business practices. The\nGross Law Firm is committed to ensuring that companies adhere to responsible\nbusiness practices and engage in good corporate citizenship. The firm seeks\nrecovery on behalf of investors who incurred losses when false and/or\nmisleading statements or the omission of material information by a company\nlead to artificial inflation of the company's stock. Attorney advertising.\nPrior results do not guarantee similar outcomes.\n\nCONTACT:\nThe Gross Law Firm\n15 West 38th Street, 12th floor\nNew York, NY, 10018\nEmail: dg@securitiesclasslaw.com\nPhone: (646) 453-8903\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/0e447323-403e-415d-a0b4-846f2654a80f)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-07-31T14:07:00.139423486Z","server_sent_at_ms":1785506820139},"received_at":"2026-07-31T14:07:00.192Z","source_url":null},"analysis":{"id":"94203","press_release_id":"105189","analysis_json":{"industry":{"label":"Diversified Telecommunication Services","sector":"Communication Services"},"redFlags":["Allegations of misrepresented optical wavelength backlog","Allegations of unsustainable dividend policy","Allegations of insider pledging risk (Schaeffer)"],"eventType":"legal_litigation","narrative":"The Gross Law Firm issued a solicitation alert to CCOI shareholders regarding a securities class action lawsuit involving allegations of backlog misrepresentation and hidden dividend policy risks.\n\nThe complaint claims that defendants overstated the optical wavelength backlog and customer demand while alleging a material risk of forced stock sales by a defendant.\n\nThis release is a law-firm solicitation seeking a lead plaintiff before the September 21, 2026 deadline, not an issuer disclosure.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":null,"quotedText":"Appointment as lead plaintiff is not required to partake in any recovery.","namedEntities":{"people":[{"name":"Schaeffer","role":"Defendant"}],"products":[],"companies":[{"name":"The Gross Law Firm","relationship":"plaintiff law firm"},{"name":"Cogent Communications Holdings, Inc.","ticker":"CCOI"}],"dollarAmounts":[]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm shareholder solicitation issued by The Gross Law Firm. No new disclosure from the issuer; no certified class, no settlement. Boilerplate lead-plaintiff-deadline reminder."},"tickerRelevance":{"others":[],"primary":"CCOI"},"globalImportance":15,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"The Gross Law Firm issued a solicitation alert to CCOI shareholders regarding a securities class action lawsuit involving allegations of backlog misrepresentation and hidden dividend policy risks.\n\nThe complaint claims that defendants overstated the optical wavelength backlog and customer demand while alleging a material risk of forced stock sales by a defendant.\n\nThis release is a law-firm solicitation seeking a lead plaintiff before the September 21, 2026 deadline, not an issuer disclosure.","key_figures":null,"named_entities":{"people":[{"name":"Schaeffer","role":"Defendant"}],"products":[],"companies":[{"name":"The Gross Law Firm","relationship":"plaintiff law firm"},{"name":"Cogent Communications Holdings, Inc.","ticker":"CCOI"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-31T14:59:52.999Z","global_importance":15,"audience_relevance":15,"importance_components":{"tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":324332,"modelName":"glm-4.7"}}