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News  ›  GlobeNewswire Inc.

FORTINET CLASS ACTION REMINDER: Bragar Eagel & Squire, P.C. Reminds Fortinet Investors of the November 21st Deadline

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bragar Eagel & Squire, P.C.
FORTINET CLASS ACTION REMINDER: Bragar Eagel & Squire, P.C. Reminds Fortinet Investors of the November 21st Deadline

A class action lawsuit has been filed against Fortinet alleging misrepresentation of product refresh cycle and firewall upgrade potential, resulting in significant stock price decline.

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The lawsuit alleges the company misled investors about its product refresh cycle, concealed information about firewall upgrades, and experienced a 22% stock price drop after revealing limitations in its upgrade strategy