SAN DIEGO, May 23, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Cambium Networks Corporation (NASDAQ:CMBM) securities between May 8, 2023 and January 18, 2024, inclusive (the "Class Period"), have until July 22, 2024 to seek appointment as lead plaintiff of the Cambium Networks class action lawsuit. Captioned Hamby v. Cambium Networks Corporation, No. 24-cv-04240 (N.D. Ill.), the Cambium Networks class action lawsuit charges Cambium Networks and certain of Cambium Networks' top current and former executives with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the Cambium Networks class action lawsuit, please provide your information here:
https://www.rgrdlaw.com/cases-cambium-networks-corporation-class-action-lawsuit-cmbm.html
You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com. Lead plaintiff motions for the Cambium Networks class action lawsuit must be filed with the court no later than July 22, 2024.
CASE ALLEGATIONS: Cambium Networks engages in the design, development, and manufacture of wireless broadband and Wi-Fi networking infrastructure solutions.
The Cambium Networks class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) there was a buildup of inventory in Cambium Networks' distribution channels; (ii) Cambium Networks and its distributors were reasonably ...