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ROSEN, LEADING TRIAL ATTORNEYS, Encourages Cambium Networks Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - CMBM
CMBMCambium Networks(CMBM) Prnewswire·2024-06-06 00:42

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) there was a buildup of inventory in Cambium's distribution channels; (2) Cambium and its distributors were reasonably likely to offer aggressive discounts to reduce the high channel inventories; (3) Cambium's revenue would decline sequentially until the excess channel inventory was sold through; (4) Cambium was likely to incur significant charges t ...