Bronstein, Gewirtz & Grossman LLC has filed a class action lawsuit against Calix, Inc. and certain officers, alleging violations of federal securities laws. The suit covers investors who purchased or acquired Calix securities between January 28, 2026 and April 21, 2026. The complaint claims the company failed to disclose that its first quarter margins benefited from advanced purchasing of memory components, that this supply was dwindling, and that the company faced negative margin pressure as it had to buy memory at rising market prices. Investors have until July 27, 2026 to seek lead plaintiff appointment.
Calix IncClass action lawsuit alleging securities fraud for failing to disclose margin pressure from memory component costs.