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0 0 0.010452961672474 0.010452961672474 -0.00696864111498258 -0.0139372822299652 -0.00696864111498258 -0.0209059233449478
Stock impact report

CMBM Investors Have Opportunity to Lead Cambium Networks Corporation Securities Fraud Lawsuit

Cambium Networks Corporation - Ordinary Shares (CMBM) 
Last cambium networks corporation - ordinary shares earnings: 2/10 04:01 pm Check Earnings Report
Company Research Source: PR Newswire
BENSALEM, Pa., June 14, 2024 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Cambium Networks Corporation ("Cambium" or the "Company") (NASDAQ: CMBM).Class Period: May 8, 2023 – January 18, 2024Lead Plaintiff Deadline: July 22, 2024Investors suffering losses on their Cambium investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 215-638-4847 or by email to howardsmith@howardsmithlaw.com.The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) that there was a buildup of inventory in the Company's distribution channels; (2) that the Company and its distributors were reasonably likely to offer aggressive discounts to reduce the high channel inventories; (3) that the Company's revenue would decline sequentially until the excess channel in Show less Read more
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