Attention Long-Term Extreme Networks, Inc. (EXTR) Shareholders: Grabar Law Office Investigates Claims on Your Behalf

Philadelphia, Pennsylvania--(Newsfile Corp. - November 4, 2024) - Grabar Law Office is investigating potential breaches of fiduciary duties by certain officers of Extreme Networks, Inc. (NASDAQ: EXTR). If you have held Extreme Networks stock continuously since before July 27, 2022, this is your opportunity to take action at no cost to you. Visit https://grabarlaw.com/the-latest/extreme-networks-shareholder-investigation/.

What's Happening?

A securities fraud class action complaint alleges that Extreme Networks misled investors about critical aspects of the company's financial condition and growth prospects. Specifically, the complaint outlines that the company concealed adverse demand trends, overstated revenue growth, and misrepresented the sustainability of its backlog. By fulfilling excessive backlog orders, Extreme Networks allegedly masked declining organic demand, misleading shareholders about the true state of its business.

Why This Matters to Shareholders

Shareholders who invested based on these misrepresentations may have suffered financial harm. By participating in this investigation, you can help bring about corporate reforms, ensure the return of funds misused in defending litigation, and potentially receive a court-approved incentive award.

What You Can Do Now

Visit https://grabarlaw.com/the-latest/extreme-networks-shareholder-investigation/ to learn more and see if you qualify. You can also reach out to Joshua H. Grabar at jgrabar@grabarlaw.com or call 267-507-6085.

Act now to protect your investment and demand accountability from Extreme Networks' leadership.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/228764