Class Action Lawsuit Filed Against Fortinet Over Alleged Product Misrepresentations
A class action lawsuit has been initiated against Fortinet, Inc. (NASDAQ: FTNT) on behalf of investors who purchased the company's securities between November 8, 2024 and August 6, 2025. The lawsuit alleges that Fortinet made false statements and concealed information about its products.
The lawsuit, filed by an unidentified group of investors, accuses Fortinet of misrepresenting the refresh cycle of its products and the number of FortiGate firewalls that could be upgraded. Investors are now seeking legal recourse, with the deadline to request appointment as lead plaintiff set for November 21, 2025.
Investors who wish to participate in the lawsuit can submit their information via a link provided by the law firm Levi & Korsinsky, LLP. It's important to note that there is no cost or obligation for investors to participate in the lawsuit.
The class action lawsuit against Fortinet, Inc. is ongoing, with investors encouraged to submit their information to the law firm Levi & Korsinsky, LLP if they purchased the company's securities during the specified period. The outcome of the lawsuit remains uncertain, with the deadline for investors to take action approaching.
