Fortinet, Inc. (FTNT) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

Core Viewpoint - Investors in Fortinet, Inc. have the opportunity to lead a securities fraud class action lawsuit due to alleged misrepresentations by the company regarding its product refresh cycle and business operations [1][2]. Summary by Sections Lawsuit Details - The lawsuit alleges that from November 8, 2024, to August 6, 2025, Fortinet failed to disclose critical information to investors, including the limited profitability of the product refresh cycle, which consisted of old products that represented a "small percentage" of the company's business [2]. - It is claimed that Fortinet did not accurately assess the number of FortiGate firewalls eligible for upgrades and misrepresented the momentum of the refresh cycle, which was pushed through aggressively in a short time frame, contrary to the company's statements [2]. Investor Participation - Investors who suffered losses related to Fortinet are encouraged to participate in the ongoing lawsuit, with a lead plaintiff deadline set for November 21, 2025 [2]. - Interested parties can contact the Law Offices of Frank R. Cruz for more information on how to participate or for inquiries regarding their rights [3][4].