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CABO Investors Have Opportunity to Join Cable One, Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES, May 8, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Cable One, Inc. ("Cable One" or "the Company") (NYSE: CABO) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Cable One released its Q1 2025 financial results on May 1, 2025. The Company revealed a 6% revenue decline year-over-year and a residential data revenue decrease of 4.5%. According to the Company, the "decrease in residential data subscribers and a decrease in average revenue per unit ("ARPU") as a result of the implementation of targeted pricing and product offerings in certain markets." The Company also disclosed that "heightened churn associated with [its] billing migration activities." Based on this news, shares of Cable One fell by 41.8% on the next day.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
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SOURCE The Schall Law Firm
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