FTNT Class Action Alert: Kessler Topaz Meltzer & Check, LLP Reminds Fortinet, Inc. (FTNT) Shareholders of Securities Fraud Class Action Lawsuit Deadline
Summary
Kessler Topaz Meltzer & Check, LLP has announced a securities class action lawsuit against Fortinet, Inc. (FTNT) on behalf of shareholders 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 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 for the lawsuit is November 21, 2025. Investors who suffered losses are encouraged to contact the firm to learn more and potentially participate in the litigation. Kessler Topaz Meltzer & Check, LLP has a strong track record of prosecuting class actions and recovering funds for victims of corporate misconduct.
(Source:NewMediaWire)