Recent Security Class Actions

Fortinet Inc. Common Stock (NASDAQ: FTNT)

3 Days left to seek lead plaintiff status.

Company Name:Fortinet Inc. Common Stock
Stock Symbol:NASDAQ: FTNT
Class Period Start:11/08/2024
Class Period End (inclusive):08/06/2025
Filing Deadline:11/21/2025

The complaint alleges that throughout the Class Period, defendants made materially false and misleading statements concerning the business impact and sustainability of a purportedly "record" round of FortiGate unit upgrades. Defendants represented that this "refresh cycle" was "by far the largest we've seen probably ever," would generate "around $400 million to $450 million in product revenue" in 2025 and 2026, and would create strong opportunities to cross-sell additional products and services. Defendants also represented that the refresh cycle would "gain momentum" in the second half of 2025 and beyond.

Fortinet Inc. Common Stock (NASDAQ: FTNT) Claim Form

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