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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.
Extreme Networks to Pay $2.5M for Sanctions Breaches | Drooid