#USA #New York #Securities Fraud #Rosen Law Firm #Fortinet

Fortinet Investors Urged to Participate in Securities Fraud Lawsuit

Introduction

The Rosen Law Firm, a notable global investor rights legal entity, has issued communication regarding an opportunity for investors who purchased common stock of Fortinet, Inc. (NASDAQ: FTNT) during a specifically outlined time frame. The firm reminds those who acquired shares between November 8, 2024, and August 6, 2025, that they might be eligible to join a significant class action lawsuit initiated due to allegations of securities fraud. This legal action focuses on the misleading claims made by Fortinet’s executives regarding the performance and sustainability of the company's product upgrade cycle.

Class Action Details

The Rosen Law Firm is actively seeking potential lead plaintiffs to represent the interests of the investors in this case. A key date to remember is November 21, 2025, which marks the deadline by which individuals interested in taking on this representative role must act. Those who are part of the class action do not need to worry about upfront fees or expenditure, as the firm operates on a contingency basis, meaning that costs will only be incurred if there is a favorable outcome in the lawsuit.

To become involved in this class action, investors should either visit the Rosen Law Firm's website at rosenlegal.com or get in touch directly with Phillip Kim, Esq., at the firm’s toll-free number, 866-767-3653, for additional information.

Allegations Against Fortinet

The lawsuit sets forth several crucial allegations against Fortinet, claiming that the firm made materially false and misleading representations about the impact of a claimed 'record' upgrade cycle for its FortiGate products. According to these assertions, Fortinet’s leadership projected that this refresh cycle would yield product revenue of between $400 million to $450 million in the years 2025 and 2026, promising significant additional sales opportunities as well.

However, it is alleged in the suit that these statements were deceptive. The reality was that the company was aware that the upgrade cycle would not be as profitable as indicated and that it primarily consisted of older products accounting for only a minor fraction of its overall business. It further claims that Fortinet misrepresented the true situation regarding the number of FortiGate units eligible for upgrades, underlining that the company had rapidly completed a large portion of these upgrades in a much shorter timeframe than presented to investors.

When the truth surrounding these matters became publicly known, it is contended that investors suffered significant financial losses as a direct result of the misrepresentation.

Moving Forward

For those interested in contributing to this class action lawsuit, it is essential to act swiftly. The certification of the investor class has yet to take place, meaning that until this process is concluded, individuals are not officially represented unless they retain a lawyer of their choice. Investors have the option to engage a legal counsel of their preferences or remain a passive participant in the case.

The potential future restitution from the lawsuit is not contingent upon taking on the role of lead plaintiff. Investors are encouraged to stay informed and connected with updates from the Rosen Law Firm via their LinkedIn, Twitter, and Facebook platforms.

Conclusion

The Fortinet securities fraud lawsuit presents a considerable opportunity for investors who may feel wronged by the corporation's misleading statements and actions. Engaging with qualified legal representation, such as the Rosen Law Firm which boasts a solid track record in handling securities class actions, could prove vital in recovering any potential losses suffered during the specified timeframe. As the deadline approaches, it is being urged that investors take notice and act on these notifications to safeguard their rights and interests.