December 22 Deadline: The Law Offices of Howard G. Smith Announces Upcoming Lead Plaintiff Deadline In The Securities Class Action On Behalf Of Extreme Networks, Inc. Investors

Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Extreme Networks, Inc. ("Extreme Networks" or the "Company") (NASDAQ: EXTR) between November 4, 2013 and April 9, 2015, inclusive (the “Class Period”). Investors have until December 22, 2015 to file a lead plaintiff motion.

On April 9, 2015, the Company issued a press release disclosing that third quarter 2015 results would miss the Company’s previously announced guidance. The Company stated that “Extreme experienced a number of challenges this quarter affecting revenue.” The Company also announced that its Chief Revenue Officer, Jeff White, was no longer with the Company, and that Extreme was in the process of identifying a successor. On this news, Extreme shares fell $0.74, or more than 22%, to close at $2.50 per share on April 10, 2015, thereby injuring investors.

The complaint alleges that during the Class Period, defendants issued false and/or misleading statements and/or omitted adverse information, including that the Company’s revenue growth depended on the successful integration of Enterasys Networks, Inc., which had not effectively integrated, diminishing the Company’s ability to address persistent sales problems. Additionally, Extreme Networks had begun a partnership with Lenovo, but defendants did not have sufficient visibility into Lenovo’s server business plans to support the Company’s quarterly and fiscal 2015 financial forecasts.

If you purchased Extreme Networks securities you may move the Court no later than December 22, 2015 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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