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In re Extreme Networks, Inc. Securities Litigation
Case Number:
5:15-cv-04883
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Berman Tabacco
- DLA Piper
- Hagens Berman
- Hoguet Newman
- Morrison Foerster
- Pomerantz LLP
- Robbins Geller
- Rutan & Tucker
Companies
Government Agencies
Sectors & Industries:
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May 10, 2019
Labaton Sucharow Seeks $1.7M Fee In Stock-Drop Deal
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.
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December 03, 2018
Extreme Networks Reaches $7M Deal In Stock-Drop Suit
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.
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March 21, 2018
Extreme Networks Must Face Pared-Down Stock-Drop Suit
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.
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April 28, 2017
Tech Co. Dodges Stock Drop Case, But Investors Get 2nd Try
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.
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February 09, 2017
Extreme Networks Urges Judge To End Shareholder Suit
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.
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June 28, 2016
Labaton To Lead Network Co. Investor Suit For Pension Fund
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.