Kahn Swick & Foti, LLC, a Louisiana-based law firm, has issued a shareholder alert regarding Extreme Networks, Inc. The firm is reminding investors who have suffered losses of over $100,000 that they may be eligible to participate as lead plaintiffs in a class action lawsuit against the company. Morningstar, a financial services firm, has been named as the defendant in the lawsuit.
The lawsuit alleges that Extreme Networks made false and misleading statements regarding its financial performance, causing investors to suffer significant losses. Investors who purchased Extreme Networks stock between April 30, 2018, and July 31, 2020, may be eligible to participate in the lawsuit.
Former Louisiana Attorney General Charles C. Foti, Jr. is leading the investigation into Extreme Networks’ practices on behalf of shareholders. The deadline to apply as a lead plaintiff in the lawsuit is fast approaching, and investors are urged to contact Kahn Swick & Foti, LLC as soon as possible to discuss their legal options.
Extreme Networks is a technology company that provides networking solutions and services to businesses and organizations. The company’s stock price has been volatile in recent years, and the class action lawsuit seeks to hold the company accountable for allegedly misleading investors about its financial health.
Investors who have suffered losses in excess of $100,000 due to their investments in Extreme Networks may be entitled to financial compensation through the class action lawsuit. By contacting Kahn Swick & Foti, LLC, investors can learn more about their rights and potential legal remedies in this case.
For more information, investors are encouraged to visit the Kahn Swick & Foti, LLC website or contact the firm directly.
Source
Photo credit news.google.com
