Investors Have a Chance to Lead Fortinet, Inc. Securities Fraud Lawsuit

Opportunity for Fortinet Investors to Take Action

The Rosen Law Firm, a global leader in investor rights, is alerting individuals who purchased common stock of Fortinet, Inc. (NASDAQ: FTNT) between November 8, 2024, and August 6, 2025. This period, known as the "Class Period," may offer a unique opportunity for investors to join a class action lawsuit against the company alleging securities fraud.

Key Details of the Class Action

The deadline for potential lead plaintiffs is set for November 21, 2025. If you acquired shares of Fortinet during the Class Period, you might have the chance to receive compensation without incurring any out-of-pocket legal fees through a contingency agreement.

To learn more about joining the Fortinet class action, interested investors can navigate to the official Rosen Law Firm's website or contact Phillip Kim, Esq. at the provided toll-free number or email. The firm's history showcases their determination to obtain justice for those wronged in the financial markets, having already filed a lawsuit in this case.

Why Choose Rosen Law Firm?

The Rosen Law Firm emphasizes the importance of selecting competent legal counsel experienced in leading roles in securities fraud litigation. They have built a commendable reputation within the industry, having achieved the largest securities class action settlement against a Chinese company at its time and consistently ranking among the top firms for securities class action settlements. Their achievements speak volumes in securing investor recoveries, with more than $438 million recovered for investors in 2019 alone.

The Case Against Fortinet

This lawsuit stems from alleged materially false and misleading statements made by Fortinet's executives about the business implications of a significant round of FortiGate unit upgrades. The defendants projected that this upgrade cycle, touted as unprecedented, would generate substantial revenue in the following years. Their claims included expectations of creating strong prospects for cross-selling additional products and a forecasted momentum in the upgrades throughout the second half of 2025.

Unfortunately, claims made in the lawsuit suggest that the statements were grossly inaccurate. Reports indicate that the executives were aware that the upgrades would not yield the promised profits due to them being based primarily on outdated products. Furthermore, essential insights regarding the actual number of FortiGate firewalls fit for upgrade were concealed. Although claims projected a steady increase in upgrades, the evidence revealed a rushed implementation of the upgrades, with significant portions executed within only a few months rather than the anticipated two-year timeline.

When the facts were brought to light, Fortinet’s stock value plummeted, leading to detrimental financial implications for its investors.

Join the Class Action

Investors wishing to take action should either complete the online submission form on the Rosen Law Firm website or contact them directly for further assistance. Bear in mind that although a class has not yet been certified, participation in the class action does not depend on serving as a lead plaintiff.

For further updates and information, keep an eye on Rosen Law Firm's profiles on LinkedIn, Twitter, and Facebook.

Conclusion

In a world where financial transparency is paramount, the ongoing situation with Fortinet serves as a reminder about the importance of diligence and informed decision-making in investment practices. The upcoming deadline serves as a call to action for Fortinet investors who suspect they were misled and now seek remedy through this class action lawsuit.