NEWTOWN, Pa., June 17, 2024 (GLOBE NEWSWIRE) -- Edelson Lechtzin LLP, a leading class action law firm, is investigating securities fraud claims on behalf of investors of Cambium Networks Corporation common stock (NASDAQ:CMBM) between May 8, 2023, and January 18, 2024, inclusive (the "Class Period").
Investors who purchased Cambium stock may move the U.S. District Court for the Northern District of Illinois to appoint them as lead plaintiff, no later than July 22, 2024. Please contact Edelson Lechtzin LLP at 844-696-7492 to discuss your investment losses, or by e-mail at elechtzin@edelson-law.com. A copy of the class action complaint can be viewed HERE.
What is the Role of a Lead Plaintiff?
The lead plaintiff is a court-appointed representative of a class of purchasers of securities in a class action under the federal securities fraud laws. The lead plaintiff selects the attorneys who will represent the class in the lawsuit. Among other things, the lead plaintiff reviews the complaint, stays informed about the progress of the case, and if necessary, provides testimony at trial.
Background on Cambium Networks Corporation
Cambium, based in Rolling Meadows, Illinois, provides fixed wireless and Wi-Fi services to broadband service providers and enterprises for Internet access.
The Securities Fraud Claims
Throughout the Class Period, the Complaint alleges that Defendants made false and misleading statements about ...
CMBM) Shareholders with Substantial Losses Should Contact Edelson Lechtzin LLP Before July 22, 2024 to Discuss the Pending Securities Fraud Class Action>Full story available on Benzinga.com