Lifshitz Law PLLC Announces Investigations of Cogent Communications Holdings, Inc. (NASDAQ: CCOI), EquipmentShare, Inc. (NASDAQ: EQPT), Mircovast Holdings, Inc. (NASDAQ: MVST), and Primoris Services Corporation (NYSE: PRIM)

NEW YORK CITY, NY / ACCESS Newswire / September 22, 2026 / Lifshitz Law Firm

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made false and/or misleading statements and/or failed to disclose that: (i) the vast majority of the purported orders in Cogent's optical wavelength backlog were unlikely to ever result in paid orders; (ii) many customers included in Cogent's reported optical wavelength backlog were unable or unwilling to accept delivery, even if the Company was able to provision the requested services in a timely manner; (iii) as a result, Cogent materially overstated customer demand for its optical wavelength services and misrepresented the true nature and value of its reported backlog; (iv) because the reported backlog did not reflect genuine customer demand, Cogent was not on track to achieve its publicly stated revenue growth and margin targets, and those targets lacked a reasonable basis; (v) Cogent lacked the financial capacity and business fundamentals necessary to sustain its long-standing dividend policy; (vi) that Cogent Chief Executive Officer Dave Schaeffer's extensive stock pledging activities created a material, undisclosed risk that he would be forced to sell substantial amounts of Cogent stock, further depressing the Company's share price if the truth about Cogent's backlog, customer demand, and financial condition became known; and (vii) as a result of the foregoing, the Company's positive statements regarding Cogent's business, financial outlook, growth prospects, and dividend policy were materially false and misleading and/or lacked a reasonable basis.