Robbins Arroyo LLP Announces that Extreme Networks, Inc. (EXTR) Securities Class Action Survives Motion to Dismiss
Extreme Networks, Inc. (EXTR)
Last extreme networks, inc. earnings: 1/29 07:05 am
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US:NASDAQ Investor Relations:
investor.extremenetworks.com
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Source: Business Wire
SAN DIEGO & SAN JOSE, Calif.--(BUSINESS WIRE)-- Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of Extreme Networks, Inc. (NasdaqGS: EXTR) breached their fiduciary duties to shareholders. Extreme Networks provides software-driven networking solutions for enterprise customers worldwide. Investors filed a class action complaint against Extreme Networks for alleged violations of the Securities Exchange Act of 1934 between November 4, 2013 and April 9, 2015. The complaint alleges that Extreme Networks misrepresented the success of the company's post-acquisition integration with its former competitor, Enterasys Networks, Inc. by assuring investors that there would be no disruption in customers' ability to grow and operate their networks. However, the integration was a failure, resulting in client loss, client dissatisfaction, and high executive turnover.
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EXTR
Earnings
- 1/31/24 - Beat
EXTR
Sec Filings
- 2/16/24 - Form 4
- 2/16/24 - Form 4
- 2/9/24 - Form SC
- EXTR's page on the SEC website