LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces that it is investigating potential claims on behalf of investors of Extreme Networks, Inc. ("Extreme Networks" or the "Company") (Nasdaq: EXTR). The investigation concerns the Company’s and its officers’ possible violations of federal securities laws by issuing materially misleading information to the investing public. Investors who have lost on their investment are encouraged to contact GPM at 310-201-9150.
On April 9, 2015, Extreme Networks disclosed that it would miss guidance for the third quarter of 2015, citing the fact that trading in its shares had been halted and that Extreme Networks’ Chief Revenue Officer was no longer with the Company.
On this news, Extreme Networks' stock fell $0.74 per share, or nearly 25%, to close at $2.50 per share on April 10, 2015.
If you purchased Extreme Network securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to email@example.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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