LOS ANGELES, Sept. 5, 2024 /PRNewswire/ — The DJS Law Group reminds investors of a class action lawsuit against Extreme Networks, Inc. (“Extreme” or “the Company”) (NASDAQ: EXTR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of EXTR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CASE DETAILS: The complaint alleges that the Company made false and misleading statements about whether it suffered from weak client demand trends due to customers ordering more product than necessary in the wake of the COVID-19 pandemic. Extreme allegedly tried to offset the negative organic demand trends by using backlog orders exceeding the proportion they represented to the market.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group’s primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
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CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]
SOURCE DJS Law Group LLP
