Economy & Markets
5 min read
Cogent Communications Holdings, Inc. (CCOI) Investigation Announced for Shareholders
Business Wire
January 20, 2026•3 days ago

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A law firm is investigating Cogent Communications Holdings, Inc. (CCOI) board of directors for alleged breaches of fiduciary duty. This investigation stems from an August 2025 incident where JPMorgan and RBC Capital seized $82 million in company shares pledged by the CEO as loan collateral. The firm is examining potential mismanagement related to this event.
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of Cogent Communications Holdings, Inc. (“Cogent” or the “Company”) (NASDAQ: CCOI) concerning whether the board breached its fiduciary duties to shareholders.
The Law Offices of Frank R. Cruz Announces Investigation of Cogent Communications Holdings, Inc. (CCOI) on Behalf of Investors
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In August 2025, JPMorgan and RBC Capital seized $82 million in Cogent shares that had been pledged by CEO Dave Schaeffer as collateral for loans.
Our investigation concerns whether the Company’s board of directors breached its fiduciary duties to shareholders and/or grossly mismanaged the Company in connection with the above alleged misconduct.
Follow us for updates on Twitter: twitter.com/FRC_LAW.
If you still hold Cogent shares purchased before August 2025 and wish to discuss this matter with us, or have any questions concerning your rights and interests with regards to this matter, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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