Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, April 19, 2023 (GLOBE NEWSWIRE) — The Portnoy Law Firm advises CDW Corporation (“CDW” or “the Company”) (NASDAQ: CDW) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. CDW investors who lost money on their investment are encouraged to contact Lesley Portnoy, Esq.
Investors are encouraged to contact an attorney Lesley F. Portnoyby phone 844-767-8529 or e-mail: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a free case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The investigation is centered on whether the Company provided misleading or false information, or neglected to disclose important details that would be relevant to investors. CDW declared a revenue projection that was lower than analyst estimates on April 18, 2023. The Company’s statement attributed this to a period of increasing economic uncertainty that led to more cautious spending by its customers, with a focus on critical initiatives. Consequently, the Company’s performance in the first quarter was below expectations. Following this news, CDW’s shares plummeted by over 13% during morning trading on April 19, 2023.
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The Portnoy Law Firm represents investors in pursuing claims against causes caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar