Kessler Topaz Meltzer & Check, LLP Notifies Fortinet, Inc. Investors of Upcoming Deadline in Securities Fraud Class Action Lawsuit
Kessler Topaz informs Fortinet investors of a November 21, 2025 deadline to seek lead plaintiff status in a securities fraud class action lawsuit.Summary
Kessler Topaz Meltzer & Check, LLP has announced a securities class action lawsuit against Fortinet, Inc. on behalf of investors who purchased stock between November 8, 2024, and August 6, 2025. The lawsuit alleges that Fortinet made false and misleading statements regarding its refresh cycle, specifically concerning the profitability of older products and the pace of upgrades to FortiGate firewalls. According to the complaint, Fortinet misrepresented the clarity of its understanding regarding the number of upgradable firewalls and aggressively pushed through a significant portion of the refresh cycle in a short period, creating a misleading impression of sustained momentum. Investors who suffered losses are encouraged to contact Kessler Topaz by November 21, 2025, to potentially become a lead plaintiff in the case. The firm has a history of prosecuting class actions and recovering funds for victims of corporate misconduct.
(Source：FinancialContent)