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Fortinet, Inc. (FTNT) Investors: November 21, 2025 Filing Deadline in Securities Class Action - Contact Kessler Topaz Meltzer & Check, LLP
Globenewswire· 2025-09-30 16:42
Core Viewpoint - A securities class action lawsuit has been filed against Fortinet, Inc. for allegedly making false and misleading statements regarding its business operations and prospects during the class period from November 8, 2024, to August 6, 2025 [1][2]. Group 1: Allegations Against Fortinet - The lawsuit claims that Fortinet misrepresented the profitability of its product refresh cycle, stating it would be lucrative despite it consisting of old products that were only a "small percentage" of the business [2]. - It is alleged that Fortinet concealed the lack of clarity regarding the actual number of FortiGate firewalls eligible for upgrades [2]. - The company reportedly misled investors by claiming that the refresh would gain momentum over two years, while it had already pushed through about half of the refresh in just a few months by the end of Q2 2025 [2]. - As a result of these actions, the statements made by Fortinet about its business and operations were deemed materially false and misleading [2]. Group 2: Lead Plaintiff Process - Investors in Fortinet have until November 21, 2025, to seek appointment as a lead plaintiff representative in the class action [3]. - A lead plaintiff acts on behalf of all class members and is typically the investor or group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3]. Group 3: Contact Information - Kessler Topaz Meltzer & Check, LLP encourages affected Fortinet investors to reach out for more information regarding the lawsuit [4]. - The firm has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4].
ROSEN, A LEADING NATIONAL FIRM, Encourages Fortinet, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – FTNT
Globenewswire· 2025-09-28 20:00
Core Viewpoint - A class action lawsuit has been filed against Fortinet, Inc. for allegedly making materially false and misleading statements regarding the business impact of a significant upgrade cycle for its FortiGate units, which has led to investor damages during the specified class period from November 8, 2024, to August 6, 2025 [1][5][6]. Group 1: Lawsuit Details - The lawsuit claims that Fortinet's management misrepresented the scale and profitability of a "record" refresh cycle, projecting product revenue between $400 million to $450 million for 2025 and 2026, while knowing that the actual refresh cycle would not be as lucrative [5][6]. - It is alleged that the refresh cycle consisted of older products that represented only a "small percentage" of Fortinet's business, contradicting the company's optimistic projections [6]. - The lawsuit indicates that Fortinet concealed the true number of FortiGate firewalls eligible for upgrades and misled investors about the momentum of the refresh cycle, which was pushed through more rapidly than communicated [6]. Group 2: Investor Actions - Investors who purchased Fortinet common stock during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested parties can join the class action by visiting the provided link or contacting the law firm directly for more information [3][7]. - A lead plaintiff must file a motion with the court by November 21, 2025, to represent the interests of other class members [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked highly in terms of the number of securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
FTNT Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against Fortinet, Inc. (FTNT) - Contact Kessler Topaz Meltzer & Check, LLP
Prnewswire· 2025-09-27 15:00
Core Viewpoint - A securities class action lawsuit has been filed against Fortinet, Inc. for alleged misleading statements and omissions regarding the company's business operations and prospects during the Class Period from November 8, 2024, to August 6, 2025 [1]. Group 1: Allegations Against Fortinet - The lawsuit claims that Fortinet misrepresented the profitability of its product refresh cycle, stating it would be more lucrative than it actually was, as it involved old products that constituted a "small percentage" of the business [3]. - It is alleged that Fortinet did not have a clear understanding of the actual number of FortiGate firewalls eligible for upgrades, which was not disclosed to investors [3]. - The complaint asserts that Fortinet misled investors by claiming that the refresh would gain momentum over two years, while in reality, the company had pushed through about half of the refresh in just a few months by the end of Q2 2025 [3]. - As a result of these actions, the statements made by Fortinet regarding its business and future prospects were materially false and misleading [3]. Group 2: Legal Process and Participation - Investors in Fortinet have until November 21, 2025, to seek appointment as lead plaintiff in the class action, which involves representing the interests of all class members [4]. - The lead plaintiff is typically the investor or group of investors with the largest financial interest in the case and is responsible for directing the litigation [4]. - Investors can choose to participate actively or remain as absent class members without affecting their ability to share in any potential recovery [4].
ROSEN, LEADING INVESTOR COUNSEL, Encourages Fortinet, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – FTNT
Globenewswire· 2025-09-25 22:01
Core Viewpoint - A class action lawsuit has been filed against Fortinet, Inc. on behalf of shareholders who purchased common stock between November 8, 2024, and August 6, 2025, alleging that the company made materially false and misleading statements regarding its business performance and product upgrades [1][5][6] Group 1: Lawsuit Details - The lawsuit claims that Fortinet's executives misrepresented the impact and sustainability of a significant upgrade cycle for FortiGate units, projecting revenues of $400 million to $450 million for 2025 and 2026 [5] - It is alleged that the executives knew the upgrade cycle would not be as profitable as claimed, as it involved older products that represented a "small percentage" of the company's business [6] - The lawsuit also states that Fortinet concealed the true number of firewalls eligible for upgrades and misled investors about the momentum of the refresh cycle, which was pushed through rapidly in a few months rather than over the projected two years [6] Group 2: Investor Actions - Shareholders who purchased Fortinet stock during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - Interested parties can join the class action by visiting the provided link or contacting the law firm for more information [3][7] - A lead plaintiff must be appointed by November 21, 2025, to represent the interests of the class members in the litigation [1][3] Group 3: Law Firm Credentials - The Rosen Law Firm, which is handling the case, has a strong track record in securities class actions, having achieved significant settlements for investors, including over $438 million in 2019 [4] - The firm has been recognized for its success in securities class action settlements and has consistently ranked among the top firms in this area since 2013 [4]
NASDAQ: FTNT: Kessler Topaz Meltzer & Check, LLP Announces the Filing of a Securities Class Action Lawsuit Against Fortinet, Inc. (FTNT)
Businesswire· 2025-09-25 21:38
RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Fortinet, Inc. ("Fortinet†) (NASDAQ: FTNT) on behalf of those who purchased or otherwise acquired Fortinet common stock between November 8, 2024, and August 6, 2025, inclusive (the "Class Period†). The lead plaintiff deadline is November 21, 2025. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered Fortine. ...
FTNT INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Fortinet, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-09-25 16:00
Accessibility StatementSkip Navigation NEW YORK, Sept. 25, 2025 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Fortinet, Inc. ("Fortinet" or "the Company") (NASDAQ: FTNT) and certain of its officers. Class Definition A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/FTNT. or you may contact P ...
FTNT ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Fortinet, Inc. Investors
Businesswire· 2025-09-23 22:04
Group 1 - A class action lawsuit has been filed on behalf of investors who acquired Fortinet, Inc. securities during the period of November 8, 2024 through August 6, 2025 [1] - Investors who suffered losses on their Fortinet investments have until November 21, 2025 to request lead plaintiff appointment [1]
AI攻防博弈升级:2025国家网络安全宣传周呈现“智防”新布局
Huan Qiu Wang· 2025-09-18 01:57
Core Insights - The rise of AI technology has led to unprecedented challenges in cybersecurity, with AI-generated scams and vulnerabilities becoming more prevalent [1][8] - A significant portion of vulnerabilities identified in AI models are unique to them, highlighting the need for enhanced security measures [3][8] Group 1: AI Vulnerabilities and Risks - Over 60% of the 281 security vulnerabilities identified in AI models are unique to these models, with 177 specific vulnerabilities reported [1][3] - Common risks include improper outputs, information leakage, prompt injection, and traditional security vulnerabilities [1][3] Group 2: Security Governance and Collaboration - Experts emphasize the need for continuous improvement in security measures and the establishment of classification standards for AI vulnerabilities [3][4] - The release of the 2.0 version of the "Artificial Intelligence Security Governance Framework" aims to enhance global cooperation in AI security governance [4] Group 3: Technological Advancements in Cybersecurity - The cybersecurity industry is actively adopting AI technologies to create robust defenses against emerging threats, marking the transition to an "intelligent defense era" [3][8] - Companies like Huawei and Ant Group are developing comprehensive security solutions that leverage AI to enhance protection across various sectors [5][7] Group 4: Practical Applications and Innovations - Ant Group's gPass aims to create a secure digital ecosystem for AI devices, focusing on user identity verification and data security [5][6] - Huawei's AI network security solution offers a zero-trust protection system for enterprises, significantly improving threat detection and response capabilities [7]
山石网科:目前ASIC安全芯片处于量产流片阶段
Xin Lang Cai Jing· 2025-09-17 10:31
山石网科(688030.SH)在业绩说明会上表示,公司是全球第三家成功实现自研ASIC安全芯片的网络安全 企业,目前ASIC安全芯片处于量产流片阶段,尚未回片。公司来自金融行业客户的收入占比一般约为 20%。上半年,公司研发投向主要包括ASIC安全芯片研发、信创产品布局进一步补充、AI技术对产品 与服务赋能以及安全服务能力建设等。 ...
F5 (FFIV) Enhances Security Suite With Latest Acquisition
Yahoo Finance· 2025-09-17 03:37
Core Viewpoint - F5 Inc. is recognized as a trending AI stock, with a recent acquisition of CalypsoAI viewed positively, enhancing its advanced security solutions suite [1][2]. Group 1: Acquisition Details - The acquisition of CalypsoAI is seen as a strategic move that aligns with F5's focus on security, following previous acquisitions of Mantis Networks, Insight Engines, and LeakSignal [2]. - The transaction value for CalypsoAI is modest compared to past acquisitions, such as Shape Security for approximately $1.02 billion and NGINX for $670 million [2]. - F5 has sufficient cash flow to complete the acquisition while continuing stock buybacks, indicating financial stability [2]. Group 2: Market Position and Future Outlook - Although the acquisition is expected to have an immaterial impact on revenue and operating results, it is believed to enhance F5's security platform, making it more attractive to organizations implementing Generative AI and Large Language Model initiatives [2]. - F5 Inc. operates as a multi-cloud application delivery and security solutions provider, offering networking, unified app management, and security solutions [3].