Comtech
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
On March 13, 2024, Comtech announced in a press release the immediate dismissal of Ken Peterman from his roles as President and Chief Executive Officer. The company clarified that his termination was due to behavior unrelated to Comtech’s operational strategy, financial performance, or any financial statements previously disclosed. Additionally, Comtech revealed plans to disclose its financial results for the second quarter of fiscal year 2024 after the market closes on March 18, 2024.
Following the announcement of Peterman’s dismissal, Comtech’s stock experienced a significant drop, declining by $1.57 per share, or 27.26%, ending the day at $4.19 per share.
