{"id":988137,"date":"2026-07-31T22:06:31","date_gmt":"2026-08-01T02:06:31","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cogent-communications-holdings-securities-fraud-class-action-result-of-undisclosed-demand-and-backlog-issues-and-approximately-29-stock-decline-investors-may-contact-lewis-kahn-esq-at-kahn-swick-3\/"},"modified":"2026-07-31T22:06:31","modified_gmt":"2026-08-01T02:06:31","slug":"cogent-communications-holdings-securities-fraud-class-action-result-of-undisclosed-demand-and-backlog-issues-and-approximately-29-stock-decline-investors-may-contact-lewis-kahn-esq-at-kahn-swick-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cogent-communications-holdings-securities-fraud-class-action-result-of-undisclosed-demand-and-backlog-issues-and-approximately-29-stock-decline-investors-may-contact-lewis-kahn-esq-at-kahn-swick-3\/","title":{"rendered":"Cogent Communications Holdings Securities Fraud Class Action Result of Undisclosed Demand and Backlog Issues and approximately 29% Stock Decline – Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n NEW YORK and NEW ORLEANS<\/span>, July 31, 2026<\/span> \/PRNewswire\/ —\u00a0Kahn Swick & Foti<\/a>, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until September 21, 2026<\/b>\u00a0to file lead plaintiff applications in a securities class action lawsuit against Cogent Communications Holdings<\/a>, Inc. (“Cogent” or the “Company”) (NasdaqGS: CCOI), if they purchased the Company’s shares between February 29, 2024 and May 1, 2026, inclusive (the “Class Period”). This action is pending in the United States District Court for the District of Columbia.<\/p>\n

\n

\n<\/p><\/div>\n

\n What You May Do<\/b>\n <\/p>\n

If you purchased shares of Cogent as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-833-538-3666 or via email (lewis.kahn@ksfcounsel.com<\/a>), or visit https:\/\/www.ksfcounsel.com\/cases\/nasdaqgs-ccoi\/<\/a>\u00a0to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by September 21, 2026<\/u><\/b>.<\/p>\n

\n >>><\/b>
\n
\n CLICK HERE<\/b>
\n <\/a>
\n for more information<\/b>\n <\/p>\n

\n About the Lawsuit<\/b>\n <\/p>\n

Cogent and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.\u00a0<\/p>\n

The alleged<\/span> false and misleading statements and omissions include, but are not limited to, that: (i) the most of the purported orders in the Company’s optical wavelength “backlog” were unlikely to ever result in a paid order; (ii) many of the “backlog” customers were unable or unwilling to accept delivery even if timely provision was possible; (iii) as a result of (i)-(ii) above, the Company had materially misrepresented demand for its optical wavelength services and the nature of its “backlog” of wavelength orders; (iv) as a result of (i)-(iii) above, the Company was not on track to achieve its revenue and margin targets and such targets lacked a reasonable basis in objective fact; (v) the Company did not have the financial capacity or business fundamentals to maintain its long-standing dividend policy; and (vi) there was a material, undisclosed risk that Cogent Founder, CEO and Chairman, David Schaeffer, would be forced to sell vast quantities of Cogent stock as a result of his high-risk pledging activities, thereby further depressing the price of the Company’s stock in the event the truth regarding its “backlog,” demand issues, and financial position were ever revealed.<\/p>\n

The case is City of Southfield Fire and Police Retirement System v. Cogent Communications Holdings, Inc., <\/i>No. 26-cv-02609.<\/p>\n

\n >>>To Learn More, Click <\/b>
\n
\n HERE<\/b>
\n <\/a>\n <\/p>\n

About Kahn Swick & Foti<\/a>, LLC<\/p>\n

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors – in seeking recoveries for investment losses emanating from corporate fraud<\/span> or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.<\/p>\n

TOP 10 Plaintiff Law Firms – According to ISS Securities Class Action Services<\/p>\n

To learn more about KSF, you may visit www.ksfcounsel.com<\/a>.<\/p>\n

\n >>>For More Information about the case, Click <\/b>
\n
\n HERE<\/b>
\n <\/a>\n <\/p>\n

Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com<\/a>
<\/u>1-833-538-3666
1100 Poydras St., Suite 960New Orleans, LA 70163<\/p>\n

CONNECT WITH US: Facebook<\/a>\u00a0|| Instagram<\/a>\u00a0|| YouTube<\/a>\u00a0|| TikTok<\/a>\u00a0|| LinkedIn<\/a><\/p>\n

\n

\n \"KSF\"\n <\/p>\n<\/p><\/div>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/cogent-communications-holdings-securities-fraud-class-action-result-of-undisclosed-demand-and-backlog-issues-and-approximately-29-stock-decline—investors-may-contact-lewis-kahn-esq-at-kahn-swick–foti-llc-302840390.html<\/a><\/p>\n

SOURCE Kahn Swick & Foti, LLC<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire NEW YORK and NEW ORLEANS, July 31, 2026 \/PRNewswire\/ —\u00a0Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until September 21, 2026\u00a0to file lead plaintiff applications in a securities class action lawsuit against Cogent Communications Holdings, Inc. (“Cogent” or the “Company”) (NasdaqGS: CCOI), if they purchased the Company’s shares between February 29, 2024 and May 1, 2026, inclusive (the “Class Period”). This action is pending in the United States District Court for the District of Columbia. What You May Do If you purchased shares of Cogent as above and would like to discuss your legal rights and how this case might … <\/p>\n

Continue reading “Cogent Communications Holdings Securities Fraud Class Action Result of Undisclosed Demand and Backlog Issues and approximately 29% Stock Decline – Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-988137","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCogent Communications Holdings Securities Fraud Class Action Result of Undisclosed Demand and Backlog Issues and approximately 29% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cogent-communications-holdings-securities-fraud-class-action-result-of-undisclosed-demand-and-backlog-issues-and-approximately-29-stock-decline-investors-may-contact-lewis-kahn-esq-at-kahn-swick-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cogent Communications Holdings Securities Fraud Class Action Result of Undisclosed Demand and Backlog Issues and approximately 29% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK and NEW ORLEANS, July 31, 2026 \/PRNewswire\/ —\u00a0Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until September 21, 2026\u00a0to file lead plaintiff applications in a securities class action lawsuit against Cogent Communications Holdings, Inc. (“Cogent” or the “Company”) (NasdaqGS: CCOI), if they purchased the Company’s shares between February 29, 2024 and May 1, 2026, inclusive (the “Class Period”). This action is pending in the United States District Court for the District of Columbia. 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Foti, Jr., remind investors with substantial losses that they have until September 21, 2026\u00a0to file lead plaintiff applications in a securities class action lawsuit against Cogent Communications Holdings, Inc. (“Cogent” or the “Company”) (NasdaqGS: CCOI), if they purchased the Company’s shares between February 29, 2024 and May 1, 2026, inclusive (the “Class Period”). This action is pending in the United States District Court for the District of Columbia. What You May Do If you purchased shares of Cogent as above and would like to discuss your legal rights and how this case might … Continue reading \"Cogent Communications Holdings Securities Fraud Class Action Result of Undisclosed Demand and Backlog Issues and approximately 29% Stock Decline – Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cogent-communications-holdings-securities-fraud-class-action-result-of-undisclosed-demand-and-backlog-issues-and-approximately-29-stock-decline-investors-may-contact-lewis-kahn-esq-at-kahn-swick-3\/","og_site_name":"Market Newsdesk","article_published_time":"2026-08-01T02:06:31+00:00","og_image":[{"url":"https:\/\/mmx.prnewswire.com\/media\/MS650245\/2025-PR-SEC.jpg?id=OA2820389","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cogent-communications-holdings-securities-fraud-class-action-result-of-undisclosed-demand-and-backlog-issues-and-approximately-29-stock-decline-investors-may-contact-lewis-kahn-esq-at-kahn-swick-3\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cogent-communications-holdings-securities-fraud-class-action-result-of-undisclosed-demand-and-backlog-issues-and-approximately-29-stock-decline-investors-may-contact-lewis-kahn-esq-at-kahn-swick-3\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Cogent Communications Holdings Securities Fraud Class Action Result of Undisclosed Demand and Backlog Issues and approximately 29% Stock Decline – Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC","datePublished":"2026-08-01T02:06:31+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cogent-communications-holdings-securities-fraud-class-action-result-of-undisclosed-demand-and-backlog-issues-and-approximately-29-stock-decline-investors-may-contact-lewis-kahn-esq-at-kahn-swick-3\/"},"wordCount":645,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cogent-communications-holdings-securities-fraud-class-action-result-of-undisclosed-demand-and-backlog-issues-and-approximately-29-stock-decline-investors-may-contact-lewis-kahn-esq-at-kahn-swick-3\/#primaryimage"},"thumbnailUrl":"https:\/\/mmx.prnewswire.com\/media\/MS650245\/2025-PR-SEC.jpg?id=OA2820389","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cogent-communications-holdings-securities-fraud-class-action-result-of-undisclosed-demand-and-backlog-issues-and-approximately-29-stock-decline-investors-may-contact-lewis-kahn-esq-at-kahn-swick-3\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/cogent-communications-holdings-securities-fraud-class-action-result-of-undisclosed-demand-and-backlog-issues-and-approximately-29-stock-decline-investors-may-contact-lewis-kahn-esq-at-kahn-swick-3\/","name":"Cogent Communications Holdings Securities Fraud Class Action Result of Undisclosed Demand and Backlog Issues and approximately 29% Stock Decline - 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