Legal

Investor Notification: Former Louisiana AG Firm Announces Lead Plaintiff Deadline for Extreme Networks, Inc. Class Action Lawsuit

Published October 2, 2024

NEW ORLEANS — The law firm of Kahn Swick & Foti, LLC (KSF), together with KSF partner and former Attorney General of Louisiana, Charles C. Foti, Jr., has issued a reminder to investors who have experienced losses exceeding $100,000 in shares of Extreme Networks, Inc. EXTR about the upcoming deadline to file as a lead plaintiff in a class action lawsuit. The lawsuit pertains to alleged securities fraud and has significant implications for affected shareholders.

Understanding the Case Against Extreme Networks

Extreme Networks, Inc., headquartered in San Jose, California, is known for delivering advanced software-driven networking solutions to a diverse set of clients including businesses, data centers, and service provider customers globally. The class action lawsuit claims that the company may have provided misleading information to investors, causing harm to those who invested during the relevant period.

Important Deadline for Investors

Investors who have suffered substantial losses in their EXTR investments should be aware that the deadline to apply for the position of lead plaintiff is October 15, 2024. This designation is crucial as it allows the investor to make important decisions on behalf of the entire class in the litigation concerning their investments in EXTR.

Action Steps for Affected Shareholders

Those who held shares of EXTR and incurred losses exceeding $100,000 are encouraged to contact Kahn Swick & Foti, LLC to learn more about the lawsuit and the process to apply as a lead plaintiff before the October 15 deadline. This class action lawsuit aims to recover damages on behalf of the named plaintiff and the proposed class of investors in accordance with federal securities laws.

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