Story perspectives
Extreme Networks to Pay $2.5M for Sanctions Breaches
By Drooid · · How we work
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Story summary
- Extreme Networks agreed to pay $2.5 million to U.S. authorities for sanctions breaches.
- The company sold equipment and services to Russian missile maker MMZ Avangard, violating sanctions.
- It will pay over $975,000 in a nonprosecution agreement, split equally between forfeiture and penalties.
- Extreme Networks settled a civil case with OFAC for over $1.5 million after self-reporting in October 2022.
- Prosecutors labeled the violations egregious and a near miss, lowering the fine.
