FTNT Announcement: Kessler Topaz Meltzer & Check, LLP Encourages Fortinet, Inc. (FTNT) Investors to Contact the Firm About Securities Fraud Class Action Lawsuit
Summary
Kessler Topaz Meltzer & Check, LLP has announced a securities class action lawsuit against Fortinet, Inc. (FTNT) on behalf of investors who purchased stock between November 8, 2024, and August 6, 2025. The lawsuit alleges that Fortinet made false and/or misleading statements regarding its refresh cycle, specifically concerning the profitability of older products and the true number of FortiGate firewalls eligible for upgrades. According to the complaint, Fortinet misrepresented the pace of the refresh, aggressively pushing through a significant portion in a short timeframe, and lacked a reasonable basis for its statements about the company’s business and prospects. The lead plaintiff deadline is November 21, 2025, and investors who suffered losses are encouraged to contact the firm to learn more about participating in the lawsuit. Kessler Topaz Meltzer & Check, LLP has a strong track record of prosecuting class actions and recovering funds for victims of corporate misconduct.
(Source:FinancialContent)