A lawsuit is pending for certain investors in Extreme Networks, Inc. (NASDAQ:EXTR) shares. Investors in NASDAQ: EXTR shares should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554
The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in Extreme Networks, Inc. (NASDAQ:EXTR) shares.
Investors, who purchased a significant amount of shares of Extreme Networks, Inc. (NASDAQ: EXTR) between July 27, 2022 and January 30, 2024, and / or those who purchased any NASDAQ: EXTR shares prior to July 2022 and continue to hold any of those shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
On August 13, 2024, an investor in NASDAQ: EXTR shares filed a lawsuit over alleged securities laws violations by Extreme Networks, Inc. The plaintiff alleged that the defendants made false and/or misleading statements and/or failed to disclose that, among other things, Extreme Networks was suffering from adverse client demand trends as its clients had ordered more product from Extreme Networks than needed in the wake of the COVID-19 pandemic and that Extreme Networks was increasingly offsetting these adverse organic demand trends with the fulfillment of backlog orders in a manner that materially exceeded the proportion represented to investors.
Those who purchased shares of Extreme Networks, Inc. (NASDAQ: EXTR) should contact the Shareholders Foundation, Inc.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.
Contact Information
Michael Daniels
Manager
mail@shareholdersfoundation.com
858-779-1554
SOURCE: Shareholders Foundation, Inc.