{"id":808582,"date":"2025-02-04T09:37:12","date_gmt":"2025-02-04T14:37:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/extreme-networks-inc-nasdaq-extr-long-term-shareholder-notice-grabar-law-office-investigates-claims-on-your-behalf\/"},"modified":"2025-02-04T09:37:12","modified_gmt":"2025-02-04T14:37:12","slug":"extreme-networks-inc-nasdaq-extr-long-term-shareholder-notice-grabar-law-office-investigates-claims-on-your-behalf","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/extreme-networks-inc-nasdaq-extr-long-term-shareholder-notice-grabar-law-office-investigates-claims-on-your-behalf\/","title":{"rendered":"Extreme Networks, Inc. (Nasdaq: EXTR) Long-Term Shareholder Notice: Grabar Law Office Investigates Claims On Your Behalf"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">PHILADELPHIA, Feb.  04, 2025  (GLOBE NEWSWIRE) &#8212; Grabar Law Office is investigating claims on behalf of Extreme Networks, Inc. (NASDAQ: EXTR) shareholders.\u00a0The investigation concerns whether certain officers of Extreme Networks have breached their fiduciary duties owed to the company.<\/p>\n<p align=\"justify\">\n        <strong>Shareholders who have held Extreme Networks, Inc. (NASDAQ: EXTR) stock<\/strong><br \/>\n        <strong>since on or before July 27, 2022<\/strong><br \/>\n        <strong>should visit <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gKzU4KxBvksaC5V3-pUuNwkqYqpT1V4xb22JTFNG6J8uiwfpiCNtXRK9O4_rhU3QpX0K1oJlIlJjXWUr2qRHLFXlwgnIVrk13aM83NN-aHBFU9Mt0g64NBogUVAHfRWbhIBDMVCEile0AqinKwqLyZ9yZkx-WfNUg5gw44_XJu68CZ6X1D_KkMWMWGGHcGvwEwxN1le3XhMJjFY4bmTaMO92zkfxnSa36pdGIZx0M5w=\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>https:\/\/grabarlaw.com\/the-latest\/extreme-networks-shareholder-investigation\/<\/strong><br \/>\n        <\/a>. <strong>You <\/strong><strong>can <\/strong><strong>seek corporate reforms, the return of funds spent defending litigation back to the company, and a court approved incentive award, at no cost to you. You do not need to have lost money on your investment. <\/strong><\/p>\n<p align=\"justify\">\n        <strong>WHY:<\/strong> An underlying securities fraud class action complaint alleges that that Extreme Networks, through certain of its officers and directors, made false and\/or misleading statements and failed to disclose the following adverse facts pertaining to Extreme\u2019s business, operations, and financial condition: (a) that Extreme Networks was suffering from adverse client demand trends as its clients had ordered more product from Extreme than needed in the wake of the COVID-19 pandemic to avoid supply shortages and because of a lack of alternative sourcing options and thereby had cannibalized their purchasing needs; (b) that Extreme Networks was increasingly offsetting these adverse organic demand trends with the fulfillment of backlog orders in a manner that materially exceeded the proportion represented to investors; (c) that, as a result of (a)-(b), Extreme Networks was drawing down its backlog at a much faster rate than represented to investors; (d) that, as a result of (a)-(c), Extreme Networks\u2019 backlog was already decreasing and at a much quicker pace than the Company\u2019s statements to investors that backlog would only \u201cbegin to shrink\u201d in 4Q23 and it would be not until \u201cfiscal \u201826 when it really goes back to normal\u201d; (e) that, as a result of (a)-(d), Extreme Networks\u2019 backlog was not on track to continue increasing to $600 million; and (f) that, as a result of (a)-(e) above, Defendants had materially misrepresented Extreme Networks\u2019 organic demand, revenue growth, and market share gains as the fulfillment of Extreme\u2019s backlog masked a decline in organic demand and attendant revenues.<\/p>\n<p align=\"justify\">\n        <strong>WHAT YOU CAN DO NOW:<\/strong> Current Extreme Networks shareholders who have held Extreme Networks shares since prior to July 27, 2022, can seek corporate reforms, the return of funds back to the company, and a court approved incentive award <strong>at no cost to them whatsoever<\/strong>.<\/p>\n<p align=\"justify\">\n        <strong>If you would like to learn more about this matter, you are encouraged to visit <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gKzU4KxBvksaC5V3-pUuNwkqYqpT1V4xb22JTFNG6J8uiwfpiCNtXRK9O4_rhU3QpX0K1oJlIlJjXWUr2qRHLFXlwgnIVrk13aM83NN-aHCZ9r0WRjMZAI_lSbox0kKNR_8mLAofMTh_PPVUeYyHr1SvQKHMIGQyGBPfw4L5GmCOCbUPPJMSFyVS5uz8zRBHI2c21xu8XKAObU4g3VysBG4F87ApD2u8M-Ar5-F7eH0=\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>https:\/\/grabarlaw.com\/the-latest\/extreme-networks-shareholder-investigation\/<\/strong><br \/>\n        <\/a><br \/>\n        <strong>, contact Joshua H. Grabar at\u00a0<\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=tqoYFvlGZi3n-HkbhlXQxjyhSTrQuTvkNtr4BX1XdtrRCYhXw92yRKYJGKj9jrx-7WiZ9SxOz1KCXoZ9Idu9_0nZzXmhJ7Jv9WDPtdg-BDIStjjBdWlvwlN2U795JEwh\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>jgrabar@grabarlaw.com<\/strong><br \/>\n        <\/a><br \/>\n        <strong><br \/>\n          <u>,<\/u><br \/>\n        <\/strong><br \/>\n        <strong> or call us at 267-507-6085<\/strong>.<\/p>\n<p align=\"justify\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=XWl34fannjBAdxtLsSO6GYpur1k-ksEeva5ImBhAHAMNrTbuOrod6euri26Xk8gkaLsOlCDdT9_lkj8T2JTPCcXeFuxMrXOJVFjofz8zsUG744oJSC55gzHGwC2jw-OVAAnh0wvLieWZ7AyvX_yACA==\" rel=\"nofollow\" target=\"_blank\">Attorney Advertising Disclaimer<\/a>\n      <\/p>\n<p align=\"justify\">Contact:<br \/>Joshua H. Grabar, Esq.<br \/>Grabar Law Office<br \/>One Liberty Place<br \/>1650 Market Street, Suite 3600<br \/>Philadelphia, PA 19103<br \/>Tel: \u00a0267-507-6085<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=tqoYFvlGZi3n-HkbhlXQxjyhSTrQuTvkNtr4BX1Xdtqa6ZWlhlQV9xLQX2nR6a29sEpHfWd_dMKq71cCdqi4_HawBI-UUNdzSPZwnWrc_Ao=\" rel=\"nofollow\" target=\"_blank\">jgrabar@grabarlaw.com<\/a><\/p>\n<p>A photo accompanying this announcement is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gKzU4KxBvksaC5V3-pUuN0kwpJoj2GQ7bgIBf5x33aQ2muU2Jy1CeMC7qtC4u1Kgh0Lk3Km9p1KeQuh6LtmIDyYpxSlvhiZIxDQHt7todjHWdW5bIydKP3zjBaG2FuHxelfTIwNndw8Cq5N3WIDOSS9qlf4kGvfVvvk42bVyV1dEogLMy6cGop1a_nDLMt2jcFHZx8nF6D05y1nzjQyHdkc4kjvWLroaTWpp05j2yuTEeNgI4k0U7zPi2OLWtmapunCom64zIKwz86NhVgHc5A==\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/095e26b5-da04-4598-8413-8cb47e60a6a7<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1Mjc1MiM2NzM0ODU4IzIyMDEyNzA=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/YTMwNDEzNzktNWZlMy00YjI1LWE1MTYtOGU5MjZiYjQ1YjMxLTEyMTI4MjM=\/tiny\/Grabar-Law-Office.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PHILADELPHIA, Feb. 04, 2025 (GLOBE NEWSWIRE) &#8212; Grabar Law Office is investigating claims on behalf of Extreme Networks, Inc. (NASDAQ: EXTR) shareholders.\u00a0The investigation concerns whether certain officers of Extreme Networks have breached their fiduciary duties owed to the company. Shareholders who have held Extreme Networks, Inc. (NASDAQ: EXTR) stock since on or before July 27, 2022 should visit https:\/\/grabarlaw.com\/the-latest\/extreme-networks-shareholder-investigation\/ . You can seek corporate reforms, the return of funds spent defending litigation back to the company, and a court approved incentive award, at no cost to you. You do not need to have lost money on your investment. WHY: An underlying securities fraud class action complaint alleges that that Extreme Networks, through certain of its officers and directors, made false &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/extreme-networks-inc-nasdaq-extr-long-term-shareholder-notice-grabar-law-office-investigates-claims-on-your-behalf\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Extreme Networks, Inc. (Nasdaq: EXTR) Long-Term Shareholder Notice: Grabar Law Office Investigates Claims On Your Behalf&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-808582","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Extreme Networks, Inc. (Nasdaq: EXTR) Long-Term Shareholder Notice: Grabar Law Office Investigates Claims On Your Behalf - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/extreme-networks-inc-nasdaq-extr-long-term-shareholder-notice-grabar-law-office-investigates-claims-on-your-behalf\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Extreme Networks, Inc. (Nasdaq: EXTR) Long-Term Shareholder Notice: Grabar Law Office Investigates Claims On Your Behalf - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PHILADELPHIA, Feb. 04, 2025 (GLOBE NEWSWIRE) &#8212; Grabar Law Office is investigating claims on behalf of Extreme Networks, Inc. (NASDAQ: EXTR) shareholders.\u00a0The investigation concerns whether certain officers of Extreme Networks have breached their fiduciary duties owed to the company. Shareholders who have held Extreme Networks, Inc. (NASDAQ: EXTR) stock since on or before July 27, 2022 should visit https:\/\/grabarlaw.com\/the-latest\/extreme-networks-shareholder-investigation\/ . You can seek corporate reforms, the return of funds spent defending litigation back to the company, and a court approved incentive award, at no cost to you. You do not need to have lost money on your investment. WHY: An underlying securities fraud class action complaint alleges that that Extreme Networks, through certain of its officers and directors, made false &hellip; Continue reading &quot;Extreme Networks, Inc. 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Shareholders who have held Extreme Networks, Inc. (NASDAQ: EXTR) stock since on or before July 27, 2022 should visit https:\/\/grabarlaw.com\/the-latest\/extreme-networks-shareholder-investigation\/ . You can seek corporate reforms, the return of funds spent defending litigation back to the company, and a court approved incentive award, at no cost to you. You do not need to have lost money on your investment. WHY: An underlying securities fraud class action complaint alleges that that Extreme Networks, through certain of its officers and directors, made false &hellip; Continue reading \"Extreme Networks, Inc. (Nasdaq: EXTR) Long-Term Shareholder Notice: Grabar Law Office Investigates Claims On Your Behalf\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/extreme-networks-inc-nasdaq-extr-long-term-shareholder-notice-grabar-law-office-investigates-claims-on-your-behalf\/","og_site_name":"Market Newsdesk","article_published_time":"2025-02-04T14:37:12+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1Mjc1MiM2NzM0ODU4IzIyMDEyNzA=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/extreme-networks-inc-nasdaq-extr-long-term-shareholder-notice-grabar-law-office-investigates-claims-on-your-behalf\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/extreme-networks-inc-nasdaq-extr-long-term-shareholder-notice-grabar-law-office-investigates-claims-on-your-behalf\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Extreme Networks, Inc. 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