NEW YORK, NY / ACCESSWIRE / May 2, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Comtech Telecommunications Corp. ("Comtech" or "the Company") (NASDAQ:CMTL). Investors who purchased Comtech securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CMTL.
Investigation Details:
On March 18, 2024, Comtech issued its quarterly earnings report just days after dismissing its CEO over ethics violation allegations. Comtech revealed that it missed its revenue targets and expressed uncertainty about ongoing debt negotiations. Analysts noted the Company's use of "unbilled receivables" and their impact on its financial statements. Following this news, Comtech stock dropped over 37%, thereby damaging investors.
What's Next?
If you are aware of any facts relating to this investigation or purchased Comtech securities, you can assist this investigation by visiting the firm's site: bgandg.com/CMTL. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman:
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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CONTACT:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller,
332-239-2660 | [email protected]
SOURCE: Bronstein, Gewirtz and Grossman, LLC