RADNOR, Pa. , Sept. 15, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP ( www.
ktmc.com ) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California against Extreme Networks, Inc. ("Extreme") ( NASDAQ: EXTR ) on behalf of investors who purchased or otherwise acquired Extreme common stock between July 27, 2022 and January 30, 2024 , inclusive (the "Class Period") The lead plaintiff deadline is October 15, 2024 .
CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered Extreme losses, you may CLICK HERE or go to: https://www.ktmc.com/new-cases/extreme-networks-inc-1?utm_source=PR&utm_medium=link&utm_campaign=extr&mktm=r Please CLICK HERE to view our video or copy and paste this link into your browser: https://youtu.
be/sf-XOVQTWGc You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at info@ktmc.com .
DEFENDANTS' ALLEGED MISCONDUCT: The complaint alleges that, throughout the Class Period, Defendants made false and misleading statements to the market. Specifically, the complaint alleges that: (1) Extreme suffered from weak client demand trends due to customers ordering more product than necessary in the wake of the COVID-19 pandemic; (2) the company attempted to offset the negative organic demand trends with backlog orders exceeding the proportion it represented to investors; (3) based on these facts, the company's public statements.