{"id":12659,"date":"2026-05-28T21:06:00","date_gmt":"2026-05-28T19:06:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=eb3c6c1c0893dca0082f65c41f1128cd"},"modified":"2026-05-28T21:06:00","modified_gmt":"2026-05-28T19:06:00","slug":"law-offices-of-frank-r-cruz-encourages-calix-inc-calx-shareholders-to-inquire-about-securities-fraud-class-action","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=12659","title":{"rendered":"Law Offices of Frank R. Cruz Encourages Calix, Inc. (CALX) Shareholders To Inquire About Securities Fraud Class Action"},"content":{"rendered":"

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz<\/a> announces that a class action lawsuit has been filed on behalf of shareholders who purchased or otherwise acquired Calix, Inc. (\u201cCalix\u201d or the \u201cCompany\u201d) (NYSE: CALX<\/a>) securities between January 28, 2026 and April 21, 2026<\/b>, inclusive (the \u201cClass Period\u201d). Calix investors have until July 27, 2026 <\/b>to file a lead plaintiff motion.<\/p><\/a><\/a>

\nIF YOU SUFFERED A LOSS ON YOUR CALIX, INC. (CALX) INVESTMENTS, CLICK <\/b>HERE<\/b><\/a> TO SUBMIT A CLAIM TO POTENTIALLY RECOVER YOUR LOSSES IN THE ONGOING SECURITIES FRAUD LAWSUIT.<\/b><\/p>

\nYou can also contact the Law Offices of Frank R. Cruz to discuss your legal rights by email at info@frankcruzlaw.com<\/a>, by telephone at (310) 914-5007, or visit our website at www.frankcruzlaw.com<\/a>.<\/p>

\nWhat Happened?<\/b><\/p>

\nOn April 21, 2026, after the market closed, Calix reported results for the first quarter of 2026 earnings, including that \u201c[n]on-GAAP gross margin was 57.2%, a decrease of 80 basis points sequentially.<\/i><\/b>\u201d Further, the Company reported gross margin guidance for the second quarter of 2026 is \u201c55.8% (at the midpoint) is down 140 basis points from the previous quarter. This decline is primarily due the increase in memory component costs.<\/i><\/b>\u201d<\/p>

\nIn the accompanying earnings call held on the same date, the Company\u2019s Chief Financial Officer, Cory Sindelar, stated \u201cadvanced purchasing had allowed us to avoid higher memory component costs during the first quarter. However, that advanced supply has run its course, and we now face market prices.<\/i><\/b>\u201d Sindelar further revealed <\/strong>\u201creflecting the effects of higher memory component costs,\u201d <\/strong>\u201c[f]or the year, we expect our non-GAAP gross margin to decline between 50 and 150 basis points<\/i><\/b>.\u201d<\/p>

\nOn this news, Calix\u2019s stock price fell $6.93, or 13.98% to close at $42.65 per share on April 22, 2026, on unusually heavy trading volume.<\/p>

\nWhat Is The Lawsuit About?<\/b><\/p>

\nThe complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) the Company\u2019s first quarter margins had significantly benefited from advanced purchasing of memory components; (2) that the Company\u2019s advanced supply of memory components was dwindling; (3) that, as a result, the Company was experiencing negative margin pressure as it was forced to purchase memory components at rising market prices; and (4) that, as a result of the foregoing, Defendants\u2019 positive statements about the Company\u2019s margins, business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>

\nContact Us To Participate or Learn More:<\/b><\/p>

\nIf you purchased Calix securities, wish to learn more about this action, or have any questions concerning this announcement or your rights or interests with respect to these matters, please click HERE<\/a> or contact us at:<\/p>

\nLaw Offices of Frank R. Cruz\n2121 Avenue of the Stars, Suite 800\nTelephone: 310-914-5007\nEmail: info@frankcruzlaw.com<\/a>Visit our website at: www.frankcruzlaw.com<\/a><\/p>

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p> Contacts<\/b>

\nLaw Offices of Frank R. Cruz\n2121 Avenue of the Stars, Suite 800\nTelephone: 310-914-5007\nEmail: info@frankcruzlaw.com<\/a>Visit our website at: www.frankcruzlaw.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of shareholders who purchased or otherwise acquired Calix, Inc. (\u201cCalix\u201d or the \u201cCompany\u201d) (NYSE: CALX) securities between Jan…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12659","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/12659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12659"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/12659\/revisions"}],"predecessor-version":[{"id":12660,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/12659\/revisions\/12660"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}