Fortinet, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - FTNT

Core Viewpoint - A class action lawsuit has been filed against Fortinet, Inc. for allegedly making false and misleading statements regarding its product sales and customer upgrade cycles [1][2]. Group 1: Lawsuit Details - The class period for the lawsuit is from November 8, 2024, to August 6, 2025, with a deadline for lead plaintiff appointments set for November 21, 2025 [2]. - The complaint alleges that Fortinet misled investors by claiming that its customers' "refresh cycle" resulted in "record" levels of firewall upgrades, while the company was actually selling outdated products and quickly exhausting the upgrade cycle [2]. Group 2: Shareholder Participation - Shareholders who purchased shares during the specified class period are encouraged to contact the DJS Law Group for potential lead plaintiff appointments, although this is not a requirement for recovery [2][3]. - Once registered, shareholders will be enrolled in a portfolio monitoring system to receive updates on the case's progress at no cost [3]. Group 3: Law Firm Background - DJS Law Group specializes in securities class actions and corporate governance litigation, focusing on enhancing investor returns through advocacy [4]. - The firm represents large hedge funds and alternative asset managers, emphasizing the value of litigation claims as significant assets [4].