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.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com
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SOURCE DJS Law Group LLP