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The filed complaint alleges that Cable One, Inc. made materially false and/or misleading statements and/or failed to disclose that: On May 2, 2025, Cable One missed earnings expectations by nearly $8 and suspended its dividend. Analysts at Keybanc called the results "extremely dissapointing" and questioned the credibility of Cable One's management. Raymond James also criticized Cable One's management, claiming that "The results for Q1 were worse than expected, yet management was adamant they will see growth in both broadband top line revenue and subscribers for the year." Cable One's announcement contrasts with their prior messaging, which emphasized confidence in growth across multiple of the company's segments. Following this news, shares of Cable One, Inc. fell over 40% in intraday trading on the same day.
In order to be eligible to join the CABO class action lawsuit, you must have incurred a loss on shares of Cable One, Inc. purchased during the class period listed above.
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