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News  ›  GlobeNewswire Inc.

Fortinet, Inc. Class Action: Levi & Korsinsky Reminds Fortinet, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of November 21, 2025 – FTNT

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Levi & Korsinsky, Llp
Fortinet, Inc. Class Action: Levi & Korsinsky Reminds Fortinet, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of November 21, 2025 – FTNT

A class action lawsuit has been filed against Fortinet, Inc. alleging securities fraud between November 2024 and August 2025, claiming the company misrepresented its product refresh cycle and firewall upgrade potential.

Insights
DLRpL   positive

Strong growth potential in AI and data center market, expanding capacity, increasing lease renewal rates, and estimated 3.5x capacity demand increase in next five years


FTNT   negative

The lawsuit alleges the company made false statements about its product refresh cycle, misrepresented firewall upgrade potential, and concealed information from investors, suggesting significant corporate misconduct