San Diego, CA -- (SBWIRE) -- 08/03/2015 -- The Shareholders Foundation announced that an investigation for investors in NASDAQ:EXTR shares was launched concerning potential securities laws violations by Extreme Networks and certain of its directors and officers in connection certain financial statements.

Investors who purchased shares of Extreme Networks, Inc (NASDAQ:EXTR), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Extreme Networks, Inc (NASDAQ:EXTR) concerning whether a series of statements by Extreme Networks regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

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. Shares NASDAQ:EXTR declined from $7.48 per share in January 2014 to as low as $2.10 per share on July 27, 2015.

On July 30, 2015, NASDAQ:EXTR shares closed at $2.35 per share.

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