The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CDW Corporation (“CDW” or “the Company”) (NASDAQ: CDW) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. CDW announced a revenue forecast below analyst estimates on April 18, 2023. The Company stated, “The first quarter was marked by a period of intensifying economic uncertainty that led our customers to spend more cautiously and prioritize mission critical initiatives.” The statement added, “This demand contraction resulted in first-quarter performance below our expectations.” Based on this news, shares of CDW fell by more than 13% in morning trading on April 19, 2023.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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