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New York, New York–(Newsfile Corp. – July 4, 2024) – WHY: Rosen Regulation Agency, a worldwide investor rights legislation agency, publicizes an investigation of potential securities claims on behalf of shareholders of Comtech Telecommunications Corp. (NASDAQ: CMTL) ensuing from allegations that Comtech might have issued materially deceptive enterprise data to the investing public.
SO WHAT: In case you bought Comtech securities it’s possible you’ll be entitled to compensation with out cost of any out of pocket charges or prices by means of a contingency charge association. The Rosen Regulation Agency is making ready a category motion looking for restoration of investor losses.
WHAT TO DO NEXT: To hitch the possible class motion, go to https://rosenlegal.com/submit-form/?case_id=26388 or name Phillip Kim, Esq. toll-free at 866-767-3653 or e mail [email protected] for data on the category motion.
WHAT IS THIS ABOUT: On March 13, 2024, Comtech filed with the SEC a present report on Kind 8-Okay. On this 8-Okay, Comtech introduced that on March 12, 2024, “the Board of Administrators (the “Board of Administrators”) of [Comtech Telecommunications Corp.] terminated Ken Peterman as President and Chief Govt Officer of the Firm for trigger as a result of conduct unrelated to Comtech’s enterprise technique, monetary outcomes or beforehand filed monetary statements. Upon termination of his employment, Mr. Peterman was deemed to have resigned from his place as Chairman of the Board of Administrators and as a director pursuant to his employment contract.”
On this information, Comtech’s inventory fell 27% on March 13, 2024.
WHY ROSEN LAW: We encourage buyers to pick certified counsel with a monitor document of success in management roles. Typically, companies issuing notices don’t have comparable expertise, sources, or any significant peer recognition. Many of those companies don’t truly litigate securities class actions. Be clever in deciding on counsel. The Rosen Regulation Agency represents buyers all through the globe, concentrating its follow in securities class actions and shareholder spinoff litigation. Rosen Regulation Agency has achieved the biggest ever securities class motion settlement towards a Chinese language Firm. Rosen Regulation Agency was Ranked No. 1 by ISS Securities Class Motion Companies for variety of securities class motion settlements in 2017. The agency has been ranked within the prime 4 annually since 2013 and has recovered tons of of thousands and thousands of {dollars} for buyers. In 2019 alone the agency secured over $438 million for buyers. In 2020, founding accomplice Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Lots of the agency’s attorneys have been acknowledged by Lawdragon and Tremendous Legal professionals.
Comply with us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Fb: https://www.facebook.com/rosenlawfirm/.
Legal professional Promoting. Prior outcomes don’t assure the same consequence.
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Contact Data:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Regulation Agency, P.A.
275 Madison Avenue, fortieth Ground
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
To view the supply model of this press launch, please go to https://www.newsfilecorp.com/release/215466
