Class Action Lawsuit Filed Against Calix Inc (CALX) Over Alleged Securities Fraud
A class action lawsuit has been filed against Calix Inc (NYSE: CALX), alleging securities fraud or other unlawful business practices. The case involves financial disclosures related to declining gross margins due to rising memory component costs, which led to a 13.98% drop in stock price following the April 2026 earnings report.
Tickers: $CALX
Topics: class action earnings report securities fraud stock price drop