{"id":949318,"date":"2026-04-06T19:52:24","date_gmt":"2026-04-06T23:52:24","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/extreme-networks-investigation-continued-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-extreme-networks-inc-extr\/"},"modified":"2026-04-06T19:52:24","modified_gmt":"2026-04-06T23:52:24","slug":"extreme-networks-investigation-continued-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-extreme-networks-inc-extr","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/extreme-networks-investigation-continued-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-extreme-networks-inc-extr\/","title":{"rendered":"Extreme Networks Investigation Continued: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Extreme Networks, Inc. – EXTR"},"content":{"rendered":"

<\/p>\n

\nExtreme Networks Investigation Continued: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Extreme Networks, Inc. – EXTR<\/p>\n

NEW YORK & NEW ORLEANS–(BUSINESS WIRE<\/a>)–
\nFormer Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti<\/a>, LLC (\u201cKSF\u201d), announces that KSF continues its investigation into Extreme Networks<\/a>, Inc. (NasdaqGS: EXTR).<\/p>\n

\nOn January 31, 2024, the Company disclosed disappointing financial results and operational trends for 2Q24 including, among other things, that its revenues for the quarter were $296.4 million, down 7% year-over-year, and that it generated just $186.6 million in product revenue, a decline of 37% year-over-year.<\/p>\n

\nThereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period in violation of federal securities laws. Specifically, the case alleges that Defendants made false and misleading statements about Extreme\u2019s product revenue and backlog between July 27, 2022 and January 30, 2024. Recently, the Court presiding over the case denied the Company\u2019s motion to dismiss the case, allowing the case to move forward.<\/p>\n

\nKSF\u2019s investigation is focusing on whether Extreme\u2019s officers and\/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.<\/p>\n

\nIf you have information that would assist KSF in its investigation, or have been a long-term holder of Extreme shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com<\/a>), or visit https:\/\/www.ksfcounsel.com\/cases\/nasdaqgs-extr\/<\/a> to learn more.<\/p>\n

\nAbout Kahn Swick & Foti, LLC<\/p>\n

\nKSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, New Jersey, and a representative office in Luxembourg.<\/p>\n

\nTOP 10 Plaintiff Law Firms – According to ISS Securities Class Action Services<\/p>\n

\nTo learn more about KSF, you may visit www.ksfcounsel.com<\/a>.<\/p>\n

\nCONNECT WITH US: Facebook<\/a> || Instagram<\/a> || YouTube<\/a> || TikTok<\/a> || LinkedIn<\/a><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260406025943\/en\/<\/a><\/span><\/p>\n

\nKahn Swick & Foti, LLC
\n
Lewis Kahn, Managing Partner
\n
lewis.kahn@ksfcounsel.com
\n<\/a>
1-877-515-1850
\n
1100 Poydras St., Suite 960
\n
New Orleans, LA 70163<\/p>\n

KEYWORDS:<\/b> Louisiana New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Class Action Lawsuit Professional Services Legal<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Extreme Networks Investigation Continued: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Extreme Networks, Inc. – EXTR NEW YORK & NEW ORLEANS–(BUSINESS WIRE)– Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (\u201cKSF\u201d), announces that KSF continues its investigation into Extreme Networks, Inc. (NasdaqGS: EXTR). On January 31, 2024, the Company disclosed disappointing financial results and operational trends for 2Q24 including, among other things, that its revenues for the quarter were $296.4 million, down 7% year-over-year, and that it generated just $186.6 million in product revenue, a decline of 37% year-over-year. Thereafter, the Company and certain of its executives were sued in … <\/p>\n

Continue reading “Extreme Networks Investigation Continued: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Extreme Networks, Inc. – EXTR”<\/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-949318","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nExtreme Networks Investigation Continued: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Extreme Networks, Inc. - EXTR - 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-investigation-continued-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-extreme-networks-inc-extr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Extreme Networks Investigation Continued: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Extreme Networks, Inc. - EXTR - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Extreme Networks Investigation Continued: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Extreme Networks, Inc. – EXTR NEW YORK & NEW ORLEANS–(BUSINESS WIRE)– Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (\u201cKSF\u201d), announces that KSF continues its investigation into Extreme Networks, Inc. (NasdaqGS: EXTR). On January 31, 2024, the Company disclosed disappointing financial results and operational trends for 2Q24 including, among other things, that its revenues for the quarter were $296.4 million, down 7% year-over-year, and that it generated just $186.6 million in product revenue, a decline of 37% year-over-year. 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