Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fortinet, Inc. common stock during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - The class period for the Fortinet common stock purchases is from November 8, 2024, to August 6, 2025 [1] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A lead plaintiff must move the Court by November 21, 2025, to represent other class members in the litigation [2] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [3] - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013 [3] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for clients [3] Group 3: Case Allegations - The lawsuit alleges that Fortinet made materially false and misleading statements regarding the business impact of a "record" round of FortiGate unit upgrades, claiming it would generate $400 million to $450 million in product revenue in 2025 and 2026 [4] - Defendants misrepresented the sustainability of the refresh cycle, which was said to consist of old products that were only a "small percentage" of the company's business [5] - The lawsuit claims that when the true details of the refresh cycle were revealed, investors suffered damages due to the misleading information provided by Fortinet [5]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fortinet, Inc. common stock between November 8, 2024, and August 6, 2025, of the upcoming lead plaintiff deadline on November 21, 2025, for a class action lawsuit related to misleading statements made by the company [1][2]. Group 1: Class Action Details - Investors who bought Fortinet common stock during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [2][6]. - The lead plaintiff must file a motion with the Court by November 21, 2025, to represent other class members in the litigation [2]. Group 2: Allegations Against Fortinet - The lawsuit claims that Fortinet made materially false and misleading statements regarding the impact and sustainability of a significant round of FortiGate unit upgrades, which were projected to generate between $400 million and $450 million in product revenue in 2025 and 2026 [4]. - It is alleged that the company misrepresented the potential of the refresh cycle, which was said to gain momentum in the latter half of 2025, while in reality, it consisted of older products that represented a "small percentage" of the company's business [5]. - The lawsuit contends that Fortinet concealed the true number of FortiGate firewalls eligible for upgrades and that the refresh cycle was pushed through much faster than communicated, leading to investor damages when the true situation was revealed [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering hundreds of millions of dollars for investors [3]. - The firm has been recognized for its leadership in securities class action settlements, achieving the largest settlement against a Chinese company at the time and ranking highly in the number of settlements since 2013 [3].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fortinet, Inc. common stock during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2] Group 1: Class Action Details - The class period for the Fortinet common stock purchase is from November 8, 2024, to August 6, 2025, inclusive [1] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by November 21, 2025, to serve as lead plaintiff [2] Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3] - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [3] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [3] Group 3: Case Allegations - The lawsuit alleges that Fortinet made materially false and misleading statements regarding the business impact of a "record" round of FortiGate unit upgrades [4] - Defendants claimed that this refresh cycle would generate between $400 million to $450 million in product revenue in 2025 and 2026, which was later revealed to be exaggerated [4][5] - The lawsuit contends that the refresh cycle was not as lucrative as represented, consisting of old products that were a "small percentage" of the company's business [5]

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]

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: Participation in the Class Action - 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 directly [3][7]. - It is noted that no class has been certified yet, and investors are not represented by counsel unless they retain one [8].