{"id":2644,"date":"2025-10-27T13:23:16","date_gmt":"2025-10-27T13:23:16","guid":{"rendered":"https:\/\/network.rvrising.com\/?p=2644"},"modified":"2025-10-27T13:23:16","modified_gmt":"2025-10-27T13:23:16","slug":"a-securities-fraud-class-action-lawsuit-has-been-filed-against-fortinet-inc-ftnt","status":"publish","type":"post","link":"https:\/\/www.rvrising.com\/news\/business\/a-securities-fraud-class-action-lawsuit-has-been-filed-against-fortinet-inc-ftnt\/","title":{"rendered":"A Securities Fraud Class Action Lawsuit Has Been Filed Against Fortinet, Inc. (FTNT)"},"content":{"rendered":"

RADNOR, Pa.<\/span>, Oct. 26, 2025<\/span> \/PRNewswire\/ — The law firm of Kessler Topaz Meltzer & Check, LLP<\/a>\u00a0(www.ktmc.com<\/a>) informs investors that a securities class action lawsuit has been filed against Fortinet, Inc. (“Fortinet”) (NASDAQ: <\/a>FTNT<\/a>) on behalf of those who purchased or otherwise acquired Fortinet common stock between November 8, 2024, and August 6, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is November 21, 2025.<\/b><\/p>\n

\n

CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:
<\/u> <\/b> If you suffered Fortinet losses, <\/b> you may<\/b>\u00a0CLICK HERE<\/b><\/a>\u00a0or copy and paste the following link into your browser: <\/b>https:\/\/www.ktmc.com\/new-cases\/fortinet-inc?utm_source=PR_Newswire&mktm=PR<\/a><\/p>\n

You can also contact attorney <\/b> Jonathan Naji, Esq.<\/b> <\/a>\u00a0by calling (484) 270-1453 or by email at <\/b>[email\u00a0protected]<\/span><\/b><\/a>.<\/b><\/p>\n

DEFENDANTS’ ALLEGED MISCONDUCT:
<\/u> <\/b>The complaint alleges that, throughout the Class Period, Defendants made false and\/or misleading statements and\/or failed to disclose that: (1) Fortinet knew that the company’s refresh cycle would never be as lucrative as they represented because it consisted of old products that were a “small percentage” of Fortinet’s business; (2) Fortinet misrepresented and concealed that the company did not have a clear picture of the true number of FortiGate firewalls that could be upgraded; (3) while telling investors that the refresh would gain momentum over the course of two years, Fortinet misrepresented and concealed that the company had aggressively pushed through roughly half of the refresh in a period of just a few months, by the end of second quarter 2025; and (4) as a result of the foregoing, Defendants’ statements about the company’s business, operations, and prospects were materially false and misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n

Please <\/b> CLICK HERE<\/b> <\/a> to view our video or copy and paste this link into your browser: <\/b> https:\/\/youtu.be\/2-aYECTS09c<\/a><\/p>\n

THE LEAD PLAINTIFF PROCESS:
<\/u> <\/b>Fortinet\u00a0investors may, no later than November 21, 2025,<\/u><\/i><\/b> seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP<\/a> or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.<\/p>\n

Kessler Topaz Meltzer & Check, LLP<\/a>\u00a0encourages Fortinet investors who have suffered significant losses to contact the firm directly to acquire more information.<\/p>\n

CLICK HERE<\/b> <\/a> \u00a0TO SIGN UP FOR THE CASE<\/b> \u00a0OR GO TO:\u00a0<\/b> https:\/\/www.ktmc.com\/new-cases\/fortinet-inc?utm_source=PR_Newswire&mktm=PR<\/a><\/p>\n

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:<\/u> <\/b><\/p>\n

Kessler Topaz Meltzer & Check, LLP<\/a> prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP<\/a>\u00a0please visit www.ktmc.com<\/a>.<\/p>\n

CONTACT:
<\/b>Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email\u00a0protected]<\/span><\/a><\/p>\n

May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.<\/p>\n

SOURCE Kessler Topaz Meltzer & Check, LLP\"\"<\/p>\n<\/div>\n

This release is auto-published via PR Newswire; our journal is not responsible for the content.<\/b><\/p>\n

Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

RADNOR, Pa., Oct. 26, 2025 \/PRNewswire\/ — The law firm of Kessler Topaz Meltzer & Check, LLP\u00a0(www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Fortinet, Inc. (“Fortinet”) (NASDAQ: FTNT) on behalf of those who purchased or otherwise acquired Fortinet common stock between November 8, 2024, and August 6, 2025, inclusive […]<\/p>\n","protected":false},"author":1,"featured_media":2645,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,92],"tags":[246,44],"class_list":["post-2644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-pr-newswire","tag-kessler-topaz-meltzer-check","tag-llp"],"_links":{"self":[{"href":"https:\/\/www.rvrising.com\/news\/wp-json\/wp\/v2\/posts\/2644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rvrising.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rvrising.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rvrising.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rvrising.com\/news\/wp-json\/wp\/v2\/comments?post=2644"}],"version-history":[{"count":1,"href":"https:\/\/www.rvrising.com\/news\/wp-json\/wp\/v2\/posts\/2644\/revisions"}],"predecessor-version":[{"id":2717,"href":"https:\/\/www.rvrising.com\/news\/wp-json\/wp\/v2\/posts\/2644\/revisions\/2717"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rvrising.com\/news\/wp-json\/wp\/v2\/media\/2645"}],"wp:attachment":[{"href":"https:\/\/www.rvrising.com\/news\/wp-json\/wp\/v2\/media?parent=2644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rvrising.com\/news\/wp-json\/wp\/v2\/categories?post=2644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rvrising.com\/news\/wp-json\/wp\/v2\/tags?post=2644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}