May 10, 2019
A proposed investor class has asked a California federal judge to approve $1.7 million to pay lead counsel Labaton Sucharow LLP for negotiating a $7 million settlement of claims that Extreme Networks Inc. artificially inflated stock prices by misleading shareholders about how smoothly it was integrating a rival company.
December 03, 2018
A proposed investor class asked a California federal judge Friday to approve a $7 million settlement to end claims that Extreme Networks Inc. and its top executives misled investors about how smoothly it was integrating a rival company, leading to artificially inflated stock prices.
March 21, 2018
A California federal judge ruled Wednesday that the investors accusing Extreme Networks Inc. of securities fraud have tightened up their allegations enough for some, but not all, of their proposed class action to survive the networking company's latest dismissal bid.
April 28, 2017
A California federal judge dismissed a proposed securities fraud class action Thursday against Extreme Networks Inc. but gave the suing investors a chance to strengthen their case, saying all the suspect statements the shareholders raised were either too vague or not actually false.
February 09, 2017
Computer networking company Extreme Networks Inc. urged a California federal judge Thursday to toss a shareholder class action alleging it misled investors about the success of a deal to acquire a rival, saying its CEO disclosed there were risks and that most of the investors' evidence was self-serving employee complaints.
June 28, 2016
A California federal judge on Tuesday appointed Labaton Sucharow LLP and an Arkansas pension fund to take the lead in a class action against Extreme Networks Inc., rejecting Robbins Geller Rudman & Dowd LLP's argument that fund is litigating too many shareholder suits.