San Diego, CA -- (SBWIRE) -- 08/31/2015 -- An investigation for investors who purchased shares of Extreme Networks, Inc (NASDAQ:EXTR) was announced in connection with potential breaches of fiduciary duties by certain officers and Extreme Networks directors that caused damages to the company and EXTR shareholders.

Shares NASDAQ:EXTR) declined from $7.48 per share in January 2014 to as low as $2.19 per share on July 22, 2015.

Investors who purchased shares of Extreme Networks, Inc (NASDAQ:EXTR) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call 858-779-1554.

The investigation by a law firm concerns whether certain Extreme Networks officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

San Jose, CA based Extreme Networks, Inc. together with its subsidiaries is a provider of network infrastructure equipment and services for enterprises, data centres, and service providers .Extreme Networks, Inc reported that its Total Revenue rose from $299.34 million for the 52 weeks period that ended on June 30, 2013 to $519.55 million for the 52 weeks period that ended on June 30, 2014, while its Net Income of $9.67 million for the 52 weeks period that ended on June 30, 2013declined to a Net Loss of $57.31 million for the 52 weeks period that ended on June 30, 2014.

Those who purchased shares of Extreme Networks, Inc (NASDAQ:EXTR) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com