BENSALEM, Penn.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of investors of Extreme Networks Inc. (“Extreme” or the “Company”) (Nasdaq: EXTR) concerning the Company’s and its officers’ possible violations of federal securities laws.
On April 9, 2015, the Company issued a press release disclosing that third quarter 2015 results would miss the Company’s previously announced guidance. The Company stated that “Extreme experienced a number of challenges this quarter affecting revenue.” The Company also announced that its Chief Revenue Officer, Jeff White, was no longer with the Company, and that Extreme was in the process of identifying a successor. On this news, Extreme shares fell $0.74, or more than 22%, to close at $2.50 per share on April 10, 2015, thereby injuring investors.
If you purchased Extreme 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at http://www.howardsmithlaw.com.
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