Bronstein, Gewirtz & Grossman, LLC: Investigating Potential Claims Against Extreme Networks, Inc.
New York, NY – April 1, 2025
Bronstein, Gewirtz & Grossman, LLC, a leading national securities fraud law firm, is investigating potential claims on behalf of purchasers of Extreme Networks, Inc. (“Extreme Networks” or “the Company”) (NASDAQ:EXTR).
The investigation concerns whether Extreme Networks and certain of its officers and/or directors have violated the federal securities laws. Specifically, the investigation focuses on whether Extreme Networks and its executives have made false and/or misleading statements and/or failed to disclose material information to the investing public.
Background
Extreme Networks is a leading provider of wired and wireless networking infrastructure solutions that make enterprises fast, agile, and secure. The Company’s solutions are designed to connect people, applications, and things, and enable mobile productivity, collaboration, and customer engagement.
Investigation Details
The investigation concerns the following issues:
- Regarding Extreme Networks’ financial statements, specifically its revenue recognition practices and the impact of these practices on its reported financial results.
- Regarding Extreme Networks’ business prospects, including its ability to meet revenue and earnings expectations.
The investigation is focused on whether Extreme Networks and its executives made false and/or misleading statements and/or failed to disclose material information to the investing public.
Impact on Individual Investors
Individual investors who purchased Extreme Networks securities prior to July 27, 2022, and continue to hold to the present, may have potential claims. These investors are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/EXTR.
Impact on the World
The potential securities fraud investigation against Extreme Networks may have far-reaching implications. If it is determined that Extreme Networks and its executives made false and/or misleading statements and/or failed to disclose material information to the investing public, it could result in:
- Significant financial losses for investors who purchased Extreme Networks securities based on the false and/or misleading information.
- Damage to Extreme Networks’ reputation and potential loss of business.
- Regulatory action against Extreme Networks and its executives.
- A negative impact on the technology sector and the broader stock market.
Conclusion
Bronstein, Gewirtz & Grossman, LLC is dedicated to ensuring that corporations and their executives adhere to the highest standards of corporate governance and transparency. The investigation into potential securities fraud claims against Extreme Networks is a critical step in protecting the interests of individual investors.
If you are an investor in Extreme Networks and believe that your financial losses may be a result of securities fraud, you are encouraged to contact Bronstein, Gewirtz & Grossman, LLC to discuss your potential legal rights and remedies. You may be entitled to compensation.
Bronstein, Gewirtz & Grossman, LLC has extensive experience in handling securities fraud class actions and individual investor claims against publicly traded companies. The firm has successfully recovered billions of dollars for investors over the past 20 years.
For more information, please visit bgandg.com/EXTR.
