Lawsuit Alert: Long-Term Investors in Extreme Networks, Inc. (NASDAQ: EXTR) Shares Should Contact the Shareholders Foundation
SAN DIEGO, CA, October 16, 2024 (Newswire.com) - A lawsuit is pending for investors in Extreme Networks, Inc. (NASDAQ: EXTR) shares, who purchased NASDAQ: EXTR shares between July 27, 2022 and January 30, 2024. Long-Term investors in Extreme Networks, Inc. (NASDAQ: EXTR) have also certain options and 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 investors in Extreme Networks, Inc. (NASDAQ:EXTR) shares, who purchased NASDAQ: EXTR shares between July 27, 2022 and January 30, 2024.
Investors, who purchased shares of Extreme Networks, Inc. (NASDAQ: EXTR) prior to July 2022 and continue to hold any of those NASDAQ: EXTR shares, have also certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
On August 13, 2024, a NASDAQ: EXTR investor 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) prior to July 2022 and continue to hold any of those NASDAQ: EXTR shares, have also certain options and 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.
Source: Shareholders Foundation, Inc.
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