{"success":true,"data":{"pressRelease":{"id":"127326","rtpr_id":"nGNX5rs6C2","ticker":"CCOI","exchange":"NASDAQ","all_tickers":["CCOI"],"title":"CCOI UPCOMING DEADLINE: SueWallSt Alerts COGENT COMMUNICATIONS HOLDINGS, INC. Stockholders of Securities Class Action - Contact the Firm","author":"Globe Newswire","published_at":"2026-08-25T14:39:00.109Z","article_body":"NEW YORK, Aug. 25, 2026 (GLOBE NEWSWIRE) -- SueWallSt alerts investors in\nCogent Communications Holdings, Inc. (NASDAQ: CCOI) that a securities class\naction has been filed on behalf of shareholders who purchased common stock\nbetween February 29, 2024 and May 1, 2026. Find out if you may qualify to\nrecover losses\n(https://www.globenewswire.com/Tracker?data=EMjAGILjBCRzUt3_9nkZRn4sGOZfxqAcnC-fFH6K92phW3hNJxQRrSejgoKiQ_Ybo0dITi5o8hTEd57XKC7MGNf0H30b9dDNrWQRQlT8BY-mOppz2FLJ7a8pyWD1_JCeJ-qaKuVCpz9SsTVrnQuOgjAJC1zdTMIHFQ_ROZOfyam2xXL_QfOy-T6RHAEZE0bIA2f5LuYZs1xBt9Ixph87QfNeWXRZ8FYhukhGhgX5g_fre21aNKQmwNJyqwzd_UuO).\nYou may also call Joseph E. Levi, Esq. at (888) SueWallSt.\n\nCCOI traded at over $86 per share in November 2024 and later fell below $17\nper share, an alleged decline of approximately $69 per share, or more than\n80%. The lead plaintiff deadline is September 21, 2026.\n\nAlleged Market Repricing After Backlog Collapse\n\nThe filing alleges that Cogent's valuation was supported by investor\nconfidence in its wavelength growth story tied to the former Sprint wireline\nnetwork. Investors were told that the optical wavelength opportunity included\nthousands of orders and a path toward a $500 million wavelength revenue run\nrate by May 2028.\n\nAs set forth in the complaint, later events allegedly undercut that market\nnarrative when Cogent acknowledged that up to 90% of the wavelength backlog\nwas lost and reduced its dividend by 98%. The action claims the market impact\nwas significant because the alleged disclosures affected both Cogent’s\nwavelength growth thesis and its appeal to income-oriented investors.\n\nCCOI Market Impact Figures for Shareholders\n* Class Period: February 29, 2024 through May 1, 2026.\n* Class Period high: over $86 per share in November 2024.\n* Later trading level: below $17 per share after the alleged corrective\nevents.\n* Approximate per-share decline: $69.\n* Alleged total percentage decline: more than 80%.\n* Dividend impact: a reported 98% cut after 52 consecutive quarters of\nincreases.\nWhy the Market Impact Matters\n\nThe lawsuit contends that CCOI investors allegedly paid prices inflated by\nstatements about wavelength demand, backlog quality, and dividend\nsustainability. The complaint further alleges that the eventual share-price\ndecline reflected a market reassessment of those alleged risks.\n\n\"The complaint raises serious questions about how the market priced CCOI\nshares while investors were allegedly hearing a growth story built around\nwavelength demand and dividend continuity. A decline of more than 80%\nunderscores the significance of the alleged disclosure issues for\nshareholders.\" -- Joseph E. Levi, Esq.\n\nSubmit your information here\n(https://www.globenewswire.com/Tracker?data=P1KGXk6gvuIPuR_7OGUvXFmdXAsT0fY7Bv8Kc8-zg9D4c7vHZ1FiVFNTHMj4VONeIz5m4yvsGxXMjQPujXZkD6JxALdffO61O57gKqs4NUzurH6S_XqetcdtZqnkMxB4F7NYuUQxtR_LXyF5Rcs6qhdtcbcKPIuxNzCckDDY-qjEix8aG141ralPKQ1Bjv5uOtQQ3uIvc1YWNWm1NBmCslZmq8msBYkeqeVjIR3vGTc=)\nor call (888) SueWallSt.\n\nWHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky\nLLP has established itself as a nationally-recognized securities litigation\nfirm that has secured hundreds of millions of dollars for aggrieved\nshareholders and built a track record of winning high-stakes cases. The firm\nhas extensive expertise representing investors in complex securities\nlitigation and a team of over 70 employees to serve our clients. For seven\nyears in a row, Levi & Korsinsky has ranked in ISS Securities Class Action\nServices' Top 50 Report as one of the top securities litigation firms in the\nUnited States.\n\nFrequently Asked Questions About the CCOI Lawsuit\n\nQ: What court was the CCOI class action filed in? A: The case was filed in the\nUnited States District Court for the District of Columbia, governed by the\nPrivate Securities Litigation Reform Act of 1995.\n\nQ: Who are the defendants named in the CCOI lawsuit? A: The complaint names\nCogent Communications Holdings, Inc. and individual defendants including\nsenior executives who signed SEC filings, made public statements, or certified\nfinancial disclosures under Sarbanes-Oxley.\n\nQ: How much did CCOI stock drop? A: Shares fell more than 80%, a decline of\napproximately $69 per share, after the Company disclosed the loss of up to 90%\nof its wavelength backlog and a 98% dividend cut. Investors who purchased\nshares during the Class Period at allegedly artificially inflated prices and\nsuffered losses may be eligible to seek compensation.\n\nQ: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the\ninvestor appointed by the court to represent the entire class. Lead plaintiffs\nare typically investors with the largest documented losses. Being appointed\ndoes not increase individual recovery but gives direct oversight of how the\ncase is run.\n\nQ: What if I already sold my CCOI shares -- can I still recover losses? A:\nYes. Eligibility is based on when you purchased, not whether you still hold\nthe shares. Investors who bought during the Class Period and sold at a loss\nmay still be eligible to participate.\n\nQ: What does it cost me to participate? A: There is no upfront cost to contact\nthe firm. Securities class actions are generally handled on a pure contingency\nbasis. No upfront fees, no retainer, and no out-of-pocket costs. Any\nattorneys' fees and expenses awarded to class counsel are subject to court\napproval.\n\nCONTACT:\n\nLevi & Korsinsky, LLP\n\nJoseph E. Levi, Esq.\n\n33 Whitehall Street, 27th Floor\n\nNew York, NY 10004\n\njlevi@SueWallSt.com\n\nTel: (888) SueWallSt\n\nFax: (212) 363-7171\n\nAttorney Advertising. Prior results do not guarantee similar outcomes.\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX5rs6C2","title":"CCOI UPCOMING DEADLINE: SueWallSt Alerts COGENT COMMUNICATIONS HOLDINGS, INC. Stockholders of Securities Class Action - Contact the Firm","author":"Globe Newswire","ticker":"CCOI","created":"2026-08-25T14:39:00.109Z","tickers":["CCOI"],"exchange":"NASDAQ","article_body":"NEW YORK, Aug. 25, 2026 (GLOBE NEWSWIRE) -- SueWallSt alerts investors in\nCogent Communications Holdings, Inc. (NASDAQ: CCOI) that a securities class\naction has been filed on behalf of shareholders who purchased common stock\nbetween February 29, 2024 and May 1, 2026. Find out if you may qualify to\nrecover losses\n(https://www.globenewswire.com/Tracker?data=EMjAGILjBCRzUt3_9nkZRn4sGOZfxqAcnC-fFH6K92phW3hNJxQRrSejgoKiQ_Ybo0dITi5o8hTEd57XKC7MGNf0H30b9dDNrWQRQlT8BY-mOppz2FLJ7a8pyWD1_JCeJ-qaKuVCpz9SsTVrnQuOgjAJC1zdTMIHFQ_ROZOfyam2xXL_QfOy-T6RHAEZE0bIA2f5LuYZs1xBt9Ixph87QfNeWXRZ8FYhukhGhgX5g_fre21aNKQmwNJyqwzd_UuO).\nYou may also call Joseph E. Levi, Esq. at (888) SueWallSt.\n\nCCOI traded at over $86 per share in November 2024 and later fell below $17\nper share, an alleged decline of approximately $69 per share, or more than\n80%. The lead plaintiff deadline is September 21, 2026.\n\nAlleged Market Repricing After Backlog Collapse\n\nThe filing alleges that Cogent's valuation was supported by investor\nconfidence in its wavelength growth story tied to the former Sprint wireline\nnetwork. Investors were told that the optical wavelength opportunity included\nthousands of orders and a path toward a $500 million wavelength revenue run\nrate by May 2028.\n\nAs set forth in the complaint, later events allegedly undercut that market\nnarrative when Cogent acknowledged that up to 90% of the wavelength backlog\nwas lost and reduced its dividend by 98%. The action claims the market impact\nwas significant because the alleged disclosures affected both Cogent’s\nwavelength growth thesis and its appeal to income-oriented investors.\n\nCCOI Market Impact Figures for Shareholders\n* Class Period: February 29, 2024 through May 1, 2026.\n* Class Period high: over $86 per share in November 2024.\n* Later trading level: below $17 per share after the alleged corrective\nevents.\n* Approximate per-share decline: $69.\n* Alleged total percentage decline: more than 80%.\n* Dividend impact: a reported 98% cut after 52 consecutive quarters of\nincreases.\nWhy the Market Impact Matters\n\nThe lawsuit contends that CCOI investors allegedly paid prices inflated by\nstatements about wavelength demand, backlog quality, and dividend\nsustainability. The complaint further alleges that the eventual share-price\ndecline reflected a market reassessment of those alleged risks.\n\n\"The complaint raises serious questions about how the market priced CCOI\nshares while investors were allegedly hearing a growth story built around\nwavelength demand and dividend continuity. A decline of more than 80%\nunderscores the significance of the alleged disclosure issues for\nshareholders.\" -- Joseph E. Levi, Esq.\n\nSubmit your information here\n(https://www.globenewswire.com/Tracker?data=P1KGXk6gvuIPuR_7OGUvXFmdXAsT0fY7Bv8Kc8-zg9D4c7vHZ1FiVFNTHMj4VONeIz5m4yvsGxXMjQPujXZkD6JxALdffO61O57gKqs4NUzurH6S_XqetcdtZqnkMxB4F7NYuUQxtR_LXyF5Rcs6qhdtcbcKPIuxNzCckDDY-qjEix8aG141ralPKQ1Bjv5uOtQQ3uIvc1YWNWm1NBmCslZmq8msBYkeqeVjIR3vGTc=)\nor call (888) SueWallSt.\n\nWHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky\nLLP has established itself as a nationally-recognized securities litigation\nfirm that has secured hundreds of millions of dollars for aggrieved\nshareholders and built a track record of winning high-stakes cases. The firm\nhas extensive expertise representing investors in complex securities\nlitigation and a team of over 70 employees to serve our clients. For seven\nyears in a row, Levi & Korsinsky has ranked in ISS Securities Class Action\nServices' Top 50 Report as one of the top securities litigation firms in the\nUnited States.\n\nFrequently Asked Questions About the CCOI Lawsuit\n\nQ: What court was the CCOI class action filed in? A: The case was filed in the\nUnited States District Court for the District of Columbia, governed by the\nPrivate Securities Litigation Reform Act of 1995.\n\nQ: Who are the defendants named in the CCOI lawsuit? A: The complaint names\nCogent Communications Holdings, Inc. and individual defendants including\nsenior executives who signed SEC filings, made public statements, or certified\nfinancial disclosures under Sarbanes-Oxley.\n\nQ: How much did CCOI stock drop? A: Shares fell more than 80%, a decline of\napproximately $69 per share, after the Company disclosed the loss of up to 90%\nof its wavelength backlog and a 98% dividend cut. Investors who purchased\nshares during the Class Period at allegedly artificially inflated prices and\nsuffered losses may be eligible to seek compensation.\n\nQ: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the\ninvestor appointed by the court to represent the entire class. Lead plaintiffs\nare typically investors with the largest documented losses. Being appointed\ndoes not increase individual recovery but gives direct oversight of how the\ncase is run.\n\nQ: What if I already sold my CCOI shares -- can I still recover losses? A:\nYes. Eligibility is based on when you purchased, not whether you still hold\nthe shares. Investors who bought during the Class Period and sold at a loss\nmay still be eligible to participate.\n\nQ: What does it cost me to participate? A: There is no upfront cost to contact\nthe firm. Securities class actions are generally handled on a pure contingency\nbasis. No upfront fees, no retainer, and no out-of-pocket costs. Any\nattorneys' fees and expenses awarded to class counsel are subject to court\napproval.\n\nCONTACT:\n\nLevi & Korsinsky, LLP\n\nJoseph E. Levi, Esq.\n\n33 Whitehall Street, 27th Floor\n\nNew York, NY 10004\n\njlevi@SueWallSt.com\n\nTel: (888) SueWallSt\n\nFax: (212) 363-7171\n\nAttorney Advertising. Prior results do not guarantee similar outcomes.\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-25T14:39:00.156256634Z","server_sent_at_ms":1787668740156},"received_at":"2026-08-25T14:39:00.283Z","source_url":null},"analysis":{"id":"116252","press_release_id":"127326","analysis_json":{"industry":{"label":"Telecommunication Services","sector":"Communication Services"},"redFlags":[],"eventType":"legal_litigation","narrative":"Levi & Korsinsky LLP, operating as SueWallSt, issued a solicitation alerting investors to a securities class action filed against Cogent Communications Holdings, Inc.\n\nThe lawsuit targets shareholders who purchased stock between February 29, 2024, and May 1, 2026, alleging misrepresentations regarding wavelength demand and dividend sustainability.\n\nThe firm notes that the lead plaintiff deadline is September 21, 2026, and invites affected investors to contact them regarding potential recovery.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":{},"quotedText":"The complaint raises serious questions about how the market priced CCOI shares while investors were allegedly hearing a growth story built around wavelength demand and dividend continuity.","namedEntities":{"people":[{"name":"Joseph E. 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Boilerplate lead-plaintiff-deadline reminder."},"tickerRelevance":{"others":[],"primary":"CCOI"},"globalImportance":15,"audienceRelevance":10,"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":"Levi & Korsinsky LLP, operating as SueWallSt, issued a solicitation alerting investors to a securities class action filed against Cogent Communications Holdings, Inc.\n\nThe lawsuit targets shareholders who purchased stock between February 29, 2024, and May 1, 2026, alleging misrepresentations regarding wavelength demand and dividend sustainability.\n\nThe firm notes that the lead plaintiff deadline is September 21, 2026, and invites affected investors to contact them regarding potential recovery.","key_figures":{},"named_entities":{"people":[{"name":"Joseph E. Levi","role":"Esq."}],"products":[],"companies":[{"name":"Cogent Communications Holdings, Inc.","ticker":"CCOI","relationship":"defendant"},{"name":"Levi & Korsinsky, LLP","relationship":"plaintiff law firm"},{"name":"SueWallSt","relationship":"plaintiff law firm brand"}],"dollarAmounts":[{"amount":"$86 per share","context":"Class Period high in November 2024"},{"amount":"$17 per share","context":"Later trading level after alleged corrective events"},{"amount":"$69 per share","context":"Approximate per-share decline"},{"amount":"$500 million","context":"Alleged wavelength revenue run rate by May 2028"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-25T17:10:08.960Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":73455,"modelName":"glm-4.7"}}