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CMTL ANNOUNCEMENT: If You Have Suffered Losses in Comtech Telecommunications Corp. (NASDAQ: CMTL), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Comtech TelecommunicationsComtech Telecommunications(US:CMTL) GlobeNewswire News Roomยท2024-06-28 21:50

Group 1 - The Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Comtech Telecommunications Corp. due to allegations of materially misleading business information issued by the company [1] - On March 12, 2024, Comtech's Board of Directors terminated Ken Peterman as President and CEO for cause, unrelated to the company's business strategy or financial results [2] - Following the announcement of the CEO's termination, Comtech's stock experienced a significant decline of 27% on March 13, 2024 [9] Group 2 - The Rosen Law Firm is preparing a class action to seek recovery of investor losses, allowing investors to potentially receive compensation without upfront fees through a contingency fee arrangement [8] - Investors interested in joining the prospective class action can find more information through the Rosen Law Firm's website or contact details provided [6]