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GlobeNewswire·

Important Notice to Long-Term Shareholders of Cogent Communications Holdings, Inc. (NASDAQ: CCOI); Primoris Services Corporation (NYSE: PRIM); Roblox Corporation (NYSE: RBLX); and Symbotic Inc. (NASDAQ: SYM): Grabar Law Office is Investigating Claims on Your Behalf

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  • Grabar Law Office is investigating potential fiduciary duty breaches for shareholders of Cogent Communications Holdings, Inc. (CCOI), Primoris Services Corporation (PRIM), Roblox Corporation (RBLX), and Symbotic Inc. (SYM).
  • For Cogent, the investigation alleges false statements regarding optical wavelength backlog validity, customer demand, revenue targets, dividend sustainability, and undisclosed risks from executive stock pledging.
  • Eligible Cogent shareholders must have purchased shares before February 29, 2024, to seek corporate reforms or fund returns.
  • For Primoris, the investigation alleges deficient cost estimation processes, systematic underestimation of renewable energy project risks, and misleading financial guidance.
  • Eligible Primoris shareholders must have purchased shares before August 5, 2025, to seek corporate reforms or fund returns.
  • For Roblox, the investigation alleges misleading statements about earnings growth, age-checking technology adoption, 18-plus demographic expansion, and the negative impact of verification rollouts on growth.
  • Eligible Roblox shareholders must have purchased shares before October 31, 2024, to seek corporate reforms or fund returns.
  • For Symbotic, a federal court denied a motion to dismiss claims against the company and CEO Richard B. Cohen regarding misleading statements about warehouse automation deployment speeds.
  • The Symbotic court found allegations sufficient to support a strong inference of scienter regarding deployment timelines and outsourcing partner issues.
  • Eligible Symbotic shareholders must have purchased securities on or before February 5, 2024, to discuss their rights.
  • All eligible shareholders may seek corporate reforms, return of funds, and court-approved incentive awards at no cost through Grabar Law Office.