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Cogent CEO's Stock Pledges Spark Derivative Suit

By Emilie Ruscoe ( March 12, 2026, 5:42 PM EDT) -- The CEO and board members of internet service provider Cogent Communications Holdings Inc. face shareholder derivative claims the CEO improperly collateralized his commercial real estate portfolio with his stake in the company, causing trading prices to plummet when he was forced to sell off those shares amid financial distress....

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