Wed Sep 18 15:50:00 UTC 2024: ## Law Firm Files Class Action Lawsuit Against Extreme Networks for Alleged Misleading Statements
**RADNOR, Pa., Sept. 18, 2024 (GLOBE NEWSWIRE)** – Kessler Topaz Meltzer & Check, LLP has filed a class action lawsuit against Extreme Networks, Inc. (NASDAQ: EXTR) on behalf of investors who purchased the company’s stock between July 27, 2022, and January 30, 2024. The lawsuit alleges that Extreme made misleading statements regarding its financial performance during this period.
The complaint claims that Extreme, in an attempt to offset weak demand trends, inflated its backlog orders. These inflated figures were then presented to investors as a sign of strong growth, ultimately leading to misleading representations about the company’s financial health.
Investors who purchased Extreme stock during the specified period have until October 15, 2024, to seek appointment as lead plaintiff. The lead plaintiff will represent all class members in directing the litigation.
Kessler Topaz Meltzer & Check, LLP is a law firm specializing in class action lawsuits. The firm has a history of successfully representing investors who have suffered losses due to corporate misconduct.
Investors who believe they may have suffered losses due to Extreme Networks’ alleged misrepresentations are encouraged to contact the firm for further information.