Shareholders Foundation, Inc.

Cogent Communications Holdings Inc (NASDAQ:CCOI) Investor Investigation over Potential Wrongdoing

An investigation on behalf of investors in Cogent Communications Holdings Inc (NASDAQ:CCOI) shares over potential wrongdoing at Cogent Communications Holdings Inc was announced and NASDAQ:CCOI stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 03/30/2017 -- An investigation on behalf of investors in shares of Cogent Communications Holdings Inc (NASDAQ:CCOI) was announced over potential breaches of fiduciary duties by certain directors at Cogent Communications Holdings Inc.

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 858-779-1554.

The investigation by a law firm concerns whether certain Cogent Communications Holdings Inc 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 March 29, 2017, NASDAQ:CCOI shares closed at $42.95 per share.

Those who purchased shares of Cogent Communications Holdings Inc 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