October 16, 2026
Software company Extreme Networks said Friday it has reached a $51 million settlement with its shareholders to end their claims that the company misled them about its financial prospects during the COVID-19 pandemic.
July 17, 2026
A California federal judge has certified a class of Extreme Networks investors who say they were misled about its financial prospects during the COVID-19 pandemic, finding their out-of-pocket damages are measurable on a classwide basis and that they don't have to prove their case via common evidence.
March 25, 2026
A California federal judge rejected Extreme Networks' bid to dismiss a suit alleging it misled investors about its financial prospects and declining client demand during the COVID-19 pandemic, saying the investors adequately pled that the cloud network equipment company engaged in a scheme to inflate revenues through so-called channel-stuffing.
April 16, 2025
Cloud network equipment company Extreme Networks Inc. has asked a federal judge in California to toss a lawsuit alleging it misled investors about its financial prospects and declining client demand during the COVID-19 pandemic, arguing the existence of undisclosed information, by itself, is not misleading.