(May 9, 2017, 7:50 AM EDT) -- SAN JOSE, Calif. — A lead plaintiff in a securities class action lawsuit failed to state any actionable misstatements or omissions and failed to plead scienter in claiming that a network infrastructure equipment developer and certain of its former executive officers issued misrepresentations regarding the company’s business and financial condition in violation of federal securities laws, a federal judge in California ruled April 27 in granting the defendants’ motion to dismiss (Jui-Yang Hong, et al. v. Extreme Networks Inc., et al., No. 15-4883, N.D. Calif., 2017 U.S. Dist. LEXIS 64297)....