Fri Sep 13 13:36:00 UTC 2024: ## Investors Who Lost Money on Extreme Networks Stock May Have Legal Options: Faruqi & Faruqi, LLP Investigates Potential Claims

**NEW YORK, Sept. 13, 2024** – Investors who experienced losses exceeding $100,000 in Extreme Networks (EXTR) stock between July 27, 2022, and January 30, 2024, are being encouraged to contact Faruqi & Faruqi, LLP, a leading securities law firm, to discuss potential legal options. The firm is investigating claims against Extreme Networks for alleged misrepresentations and omissions related to the company’s financial performance.

The investigation centers around allegations that Extreme Networks misled investors about its financial health, particularly regarding its reliance on backlog orders to offset declining client demand. The company’s stock price suffered significant drops following several disclosures about falling backlog and lowered revenue forecasts.

A class action lawsuit has been filed against Extreme Networks, and investors have until October 15, 2024, to apply to be the lead plaintiff in the case. The lead plaintiff will represent the interests of all investors who purchased Extreme Networks stock during the relevant period.

**Faruqi & Faruqi encourages anyone with information regarding Extreme Networks’ conduct to contact the firm, including whistleblowers, former employees, shareholders, and others.**

For further information, investors can visit http://www.faruqilaw.com/EXTR or contact Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

**About Faruqi & Faruqi, LLP:**

Faruqi & Faruqi, LLP is a leading national securities law firm with offices in New York, Pennsylvania, California, and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995.

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