Core Viewpoint - A class action lawsuit has been filed against Fortinet, Inc. on behalf of shareholders who purchased common stock between November 8, 2024, and August 6, 2025, alleging that the company made materially false and misleading statements regarding its business performance and product upgrades [1][5][6] Group 1: Lawsuit Details - The lawsuit claims that Fortinet's executives misrepresented the impact and sustainability of a significant upgrade cycle for FortiGate units, projecting revenues of $400 million to $450 million for 2025 and 2026 [5] - It is alleged that the executives knew the upgrade cycle would not be as profitable as claimed, as it involved older products that represented a "small percentage" of the company's business [6] - The lawsuit also states that Fortinet concealed the true number of firewalls eligible for upgrades and misled investors about the momentum of the refresh cycle, which was pushed through rapidly in a few months rather than over the projected two years [6] Group 2: Investor Actions - Shareholders who purchased Fortinet stock during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - Interested parties can join the class action by visiting the provided link or contacting the law firm for more information [3][7] - A lead plaintiff must be appointed by November 21, 2025, to represent the interests of the class members in the litigation [1][3] Group 3: Law Firm Credentials - The Rosen Law Firm, which is handling the case, has a strong track record in securities class actions, having achieved significant settlements for investors, including over $438 million in 2019 [4] - The firm has been recognized for its success in securities class action settlements and has consistently ranked among the top firms in this area since 2013 [4]

RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Fortinet, Inc. ("Fortinet†) (NASDAQ: FTNT) on behalf of those who purchased or otherwise acquired Fortinet common stock between November 8, 2024, and August 6, 2025, inclusive (the "Class Period†). The lead plaintiff deadline is November 21, 2025. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered Fortine. ...

Core Viewpoint - A class action lawsuit has been filed against Fortinet, Inc. for allegedly making false and misleading statements regarding its product sales and customer upgrade cycles [1][2]. Group 1: Lawsuit Details - The class period for the lawsuit is from November 8, 2024, to August 6, 2025, with a deadline for lead plaintiff appointments set for November 21, 2025 [2]. - The complaint alleges that Fortinet misled investors by claiming that its customers' "refresh cycle" resulted in "record" levels of firewall upgrades, while the company was actually selling outdated products and quickly exhausting the upgrade cycle [2]. Group 2: Shareholder Participation - Shareholders who purchased shares during the specified class period are encouraged to contact the DJS Law Group for potential lead plaintiff appointments, although this is not a requirement for recovery [2][3]. - Once registered, shareholders will be enrolled in a portfolio monitoring system to receive updates on the case's progress at no cost [3]. Group 3: Law Firm Background - DJS Law Group specializes in securities class actions and corporate governance litigation, focusing on enhancing investor returns through advocacy [4]. - The firm represents large hedge funds and alternative asset managers, emphasizing the value of litigation claims as significant assets [4].

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming November 21, 2025 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Fortinet, Inc. ("Fortinet†or the "Company†) (NASDAQ: FTNT) common stock between November 8, 2024 through August 6, 2025, inclusive (the "Class Period†). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN FORTINET, INC. (FTNT), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE. ...

Accessibility StatementSkip Navigation NEW YORK, Sept. 25, 2025 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Fortinet, Inc. ("Fortinet" or "the Company") (NASDAQ: FTNT) and certain of its officers. Class Definition A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/FTNT. or you may contact P ...

Group 1: Salesforce Inc - Salesforce Inc continues to show strong growth in its cloud-based services, with a reported revenue increase of 25% year-over-year [1] - The company has expanded its customer base significantly, adding over 10,000 new customers in the last quarter [1] - Salesforce's focus on AI integration within its platform is expected to drive further growth and enhance customer engagement [1] Group 2: Fortinet Inc - Fortinet Inc reported a 30% increase in revenue, driven by strong demand for cybersecurity solutions [1] - The company has seen a notable rise in its subscription services, which now account for 70% of total revenue [1] - Fortinet's recent partnerships with major cloud providers are expected to enhance its market position and drive future growth [1] Group 3: CrowdStrike Holdings Inc - CrowdStrike Holdings Inc experienced a revenue growth of 40% year-over-year, reflecting the increasing need for endpoint security [1] - The company has successfully expanded its product offerings, which has contributed to a 25% increase in average revenue per user [1] - CrowdStrike's innovative approach to threat detection and response is positioning it as a leader in the cybersecurity market [1]

Core Viewpoint - A class action lawsuit has been filed against Fortinet, Inc. on behalf of shareholders who purchased common stock between November 8, 2024, and August 6, 2025, alleging that the company made materially false and misleading statements regarding its business performance and product upgrades [1][5][6]. Group 1: Lawsuit Details - The lawsuit claims that Fortinet's executives misrepresented the impact and sustainability of a significant upgrade cycle for FortiGate units, projecting revenues of $400 million to $450 million for 2025 and 2026 [5]. - It is alleged that the executives knew the upgrade cycle would not be as profitable as claimed, as it involved older products that represented a "small percentage" of the company's business [6]. - The lawsuit also states that Fortinet concealed the true number of firewalls eligible for upgrades and misled investors about the momentum of the refresh cycle, which was pushed through rapidly in a few months rather than over the projected two years [6]. Group 2: Participation in the Class Action - Shareholders who purchased Fortinet stock during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested parties can join the class action by visiting the provided link or contacting the law firm directly [3][7]. - It is noted that no class has been certified yet, and investors are not represented by counsel unless they retain one [8].

Group 1 - A class action has been filed against Fortinet, Inc. on behalf of shareholders who purchased stock between November 8, 2024, and August 6, 2025 [1] - Allegations include misrepresentation regarding the impact of unit upgrades for FortiGate firewalls, specifically that it was difficult to predict the number of upgrades needed and that many customers had excess firewall capacity [2] - Following the revelation of these issues, Fortinet's stock price dropped over 22%, from $96.58 on August 6, 2025, to $75.30 on August 7, 2025 [3] Group 2 - Shareholders interested in participating as lead plaintiffs in the class action are encouraged to contact Robbins LLP, with the option to remain absent from the case while still being eligible for recovery [4] - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses [5]

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Fortinet, Inc. ("Fortinet†or the "Company†) (NASDAQ: FTNT) common stock between November 8, 2024 through August 6, 2025, inclusive (the "Class Period†). Fortinet investors have until November 21, 2025 to file a lead plaintiff motion. IF YOU SUFFERED A LOSS O. ...

LOS ANGELES--(BUSINESS WIRE)--Law Offices of Frank R. Cruz Encourages Fortinet, Inc. (FTNT) Investors To Inquire About Securities Fraud Class Action. ...