Class Action Lawsuit Filed Against Fortinet, Inc. (FTNT) - Recover Losses - Contact Levi & Korsinsky Before November 21, 2025

Core Points - A class action securities lawsuit has been filed against Fortinet, Inc. to recover losses for shareholders affected by alleged securities fraud between November 8, 2024, and August 6, 2025 [2] - The lawsuit claims that Fortinet misrepresented the potential profitability of its product refresh cycle and concealed critical information regarding the actual number of FortiGate firewalls eligible for upgrades [3] Company Details - The complaint alleges that Fortinet's management made false statements about the refresh cycle's profitability, stating it would be lucrative, while in reality, it involved old products that represented a "small percentage" of the company's business [3] - It is also claimed that Fortinet misled investors by suggesting that the refresh would gain momentum over two years, while in fact, the company had pushed through about half of the refresh in just a few months by the end of Q2 2025 [3] Next Steps - Shareholders who suffered losses during the specified timeframe are encouraged to seek information about their rights to recovery, with no cost or obligation to participate [4]