ATLANTA, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Cambium Networks Corporation (“Cambium” or “the Company”) ( CMBM) complied with federal securities laws. On August 1, 2023, Cambium reported its financial results for the quarter ended June 30, 2023, which the Company described as “disappointing as a result of lower demand for Enterprise products caused by lower order volumes from distributors and high channel inventories, and a challenging macroeconomic environment, especially in EMEA.” The Company also disclosed that its CEO, Atul Bhatnagar, was stepping down immediately. Following this news, the price of the Company’s stock dropped.
If you purchased Cambium stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at [email protected] or Joshua Karr, Esq. at [email protected], call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/cambium/ to discuss your legal rights.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021 and 2022, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
[email protected]
