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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fortinet, Inc. - FTNT
FortinetFortinet(US:FTNT) GlobeNewswire News Room·2025-09-06 14:10

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Fortinet, Inc. and its officers or directors following disappointing financial results and a significant stock price drop [1][3]. Financial Performance - On August 6, 2025, Fortinet reported disappointing second quarter 2025 financial results, leading to confusion among investors regarding the company's performance [3]. - The company indicated that 40% to 50% of its accelerated firewall refresh, estimated at a $450 million opportunity, was completed, yet product revenue growth and billings did not meet expectations [3]. - Following the announcement, Fortinet's stock price fell by $21.28 per share, or 22.03%, closing at $75.30 per share on August 7, 2025 [3]. Legal Investigation - Pomerantz LLP is actively investigating claims on behalf of Fortinet investors, suggesting potential securities fraud or other unlawful practices by the company and its leadership [1].