COMTECH ALERT: Bragar Eagel & Squire, P.C. is Investigating Comtech Telecommunications Corp. on Behalf of Comtech Stockholders and Encourages Investors to Contact the Firm
Comtech TelecommunicationsComtech Telecommunications(US:CMTL) GlobeNewswire News Room·2024-06-20 01:00

Core Points - Comtech announced the termination of Ken Peterman as President and CEO, effective immediately, due to conduct unrelated to the company's business strategy or financial results [3] - Following the announcement, Comtech's stock price dropped by $1.57 per share, or 27.26%, closing at $4.19 per share on March 13, 2024 [1] - Comtech plans to release its second quarter fiscal 2024 results after the market closes on March 18, 2024 [3] Legal Investigation - Bragar Eagel & Squire, P.C. is investigating potential claims against Comtech on behalf of its stockholders regarding possible violations of federal securities laws and other unlawful business practices [4] - The law firm represents both individual and institutional investors in complex litigation across state and federal courts [2]