Hagens Berman notifies Cogent Communications (NASDAQ: CCOI) investors of the September 21, 2026 lead plaintiff deadline in the ongoing securities class action.

The firm encourages investors who suffered substantial losses to submit your losses now.

Key Case Details:

What is the CCOI Securities Class Action About?

The lawsuit challenges Cogent’s disclosures about its optical wavelength “backlog,” which the company touted as an indicator of expected growth and revenue.

The complaint alleges the wavelength backlog was illusory and unlikely to convert to revenue because large quantities of customers were unable or unwilling to accept delivery, meaning Cogent materially misrepresented customer demand.

Hagens Berman’s Investigation

“We’re focused on whether Cogent’s promotion of its wavelength backlog misled investors,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation of the alleged claims in the pending suit.

What Can Investors Do?

If you invested in Cogent and have substantial losses, submit your losses now.

Whistleblowers: Persons with non-public information regarding Cogent should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email CCOI@hbsslaw.com.

About Hagens Berman

Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260916993296/en/

“We’re focused on whether Cogent and its management intentionally promoted wavelength backlog and funnel as a way to misrepresent both the company’s actual ability to convert them to earned revenues and the real company-centric wavelength demand.”