SAN FRANCISCO, March 19, 2024 (GLOBE NEWSWIRE) -- {{DATELINECITY_DATE_GLOBENEWSWIRE_BUG}Hagens Berman urges Comtech Telecommunications Corp. (NASDAQ:CMTL) investors who suffered substantial losses to submit your losses now.
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Comtech Telecommunications Corp. (CMTL) Investigation:
Comtech Telecommunications Corp. shares are trading down nearly 40% over the last week after the company sacked its CEO for cause and delivered disappointing quarterly results. The timing and circumstances of these recent events have prompted Hagens Berman, a prominent investors' rights law firm, to open an investigation into potential violations of the U.S. securities laws.
The Melville, NY-based communications company surprised investors on Mar. 13, 2024, when it announced that its Board of Directors had fired President & CEO Ken Peterman for cause and stated Peterman will also no longer serve on the company's board. In the press release, current board member and newly ...