#USA #New York #Gross Law Firm #Fortinet #FTNT

Fortinet Investors Alert: Class Action Lawsuit Notification

In recent developments, Fortinet, Inc. (NASDAQ: FTNT) shareholders have been advised by The Gross Law Firm regarding an impending class action lawsuit. This notice is particularly crucial for those who acquired shares within a specified timeframe. Investors are urged to take note of the important deadline approaching on November 21, 2025.

The lawsuit arises from allegations that Fortinet's management made misleading statements and concealed vital information concerning the company's refresh cycle. Specifically, it is claimed that executives portrayed expectations for this cycle to be more lucrative than what it actually could achieve, given that it relied on outdated products that comprised only a minor fraction of Fortinet's overall business. Furthermore, the lawsuit contends that there was a significant misrepresentation regarding the available number of FortiGate firewall upgrades.

Allegations Overview

According to the filed complaint, the allegations include:

• - False Statements: Senior management allegedly made statements suggesting the refresh cycle would be beneficial without presenting an accurate picture of its profitability.
• - Concealment of Information: It is claimed that the management knew about the limited profitability of the refresh cycle but failed to inform shareholders.
• - Misperceptions About Sales Momentum: The lawsuit emphasizes that while the company projected momentum in sales over two years, it was revealed that a substantial amount of refresh sales occurred in a short timeframe, contradicting earlier assertions.

Important Dates and Participation

For shareholders who purchased FTNT shares between November 8, 2024, and August 6, 2025, it is essential to register for this class action to safeguard their interests. The registration process will enroll them in a portfolio monitoring system, ensuring they receive updates throughout the litigation process.

• - Registration Deadline: November 21, 2025
• - Lead Plaintiff Deadline: Investors can also pursue the opportunity to be appointed as the lead plaintiff, although this is not a prerequisite for participation in any potential recovery.

How to Register

Interested shareholders are encouraged to act swiftly. Registering can be done through a submission form provided via the Gross Law Firm's website. There is no cost or obligation associated with participating in this case, making it accessible for all affected shareholders.

Why Choose Gross Law Firm?

The Gross Law Firm is a recognized name in the realm of class action lawsuits, dedicated to representing investors who have faced financial loss due to misleading statements and fraudulent practices. The firm emphasizes its commitment to corporate responsibility and advocates for transparency and ethical practices among public companies. Investors affected by this situation are advised to consider engaging with the law firm to explore their options.

Contact Information

For additional inquiries or assistance, shareholders can reach out to The Gross Law Firm:

• - Address: 15 West 38th Street, 12th Floor, New York, NY 10018
• - Email: [email protected]
• - Phone: (646) 453-8903

In summation, the class action lawsuit against Fortinet highlights the importance of due diligence and transparency in corporate operations. Affected investors should act without delay and make use of the available resources to secure their interests in this matter.