{"id":99810,"date":"2025-10-11T14:53:05","date_gmt":"2025-10-11T14:53:05","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/rosen-skilled-investor-counsel-encourages-fortinet-inc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-ftnt\/"},"modified":"2025-10-11T14:53:05","modified_gmt":"2025-10-11T14:53:05","slug":"rosen-skilled-investor-counsel-encourages-fortinet-inc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-ftnt","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/rosen-skilled-investor-counsel-encourages-fortinet-inc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-ftnt\/","title":{"rendered":"ROSEN, SKILLED INVESTOR COUNSEL, Encourages Fortinet, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action \u2013 FTNT"},"content":{"rendered":"
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NEW YORK, Oct. 11, 2025 (GLOBE NEWSWIRE) — <\/p>\n

WHY:<\/strong> Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Fortinet, Inc. (NASDAQ: FTNT) between November 8, 2024 and August 6, 2025, both dates inclusive (the \u201cClass Period\u201d), of the important November 21, 2025 lead plaintiff deadline<\/strong>.<\/p>\n

SO WHAT:<\/strong> If you purchased Fortinet common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n

WHAT TO DO NEXT:<\/strong> To join the Fortinet class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=45210<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com<\/a> for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 21, 2025<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n

WHY ROSEN LAW:<\/strong> We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

DETAILS OF THE CASE:<\/strong> According to the lawsuit, defendants made materially false and misleading statements concerning the business impact and sustainability of a purportedly \u201crecord\u201d round of FortiGate unit upgrades. Defendants represented that this \u201crefresh cycle\u201d was \u201cby far the largest we\u2019ve seen probably ever,\u201d would generate \u201caround $400 million to $450 million in product revenue\u201d in 2025 and 2026, and would create strong opportunities to cross-sell additional products and services. Defendants also represented that the refresh cycle would \u201cgain momentum\u201d in the second half of 2025 and beyond.<\/p>\n

The lawsuit alleges these statements were materially false and misleading. In truth, defendants knew that the refresh cycle would never be as lucrative as they represented because it consisted of old products that were a \u201csmall percentage\u201d of the Company\u2019s business. Moreover, defendants misrepresented and concealed that they did not have a clear picture of the true number of FortiGate firewalls that could be upgraded. And while telling investors that the refresh would gain momentum over the course of two years, Fortinet misrepresented and concealed that it had aggressively pushed through roughly half of the refresh in a period of just a few months, by the end of 2Q 2025. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

To join the Fortinet class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=45210<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com<\/a> for information on the class action.<\/p>\n

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n

Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

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Contact Information:<\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Laurence Rosen, Esq.
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Phillip Kim, Esq.
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0The Rosen Law Firm, P.A.
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0275 Madison Avenue, 40th Floor
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0New York, NY 10016
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Tel: (212) 686-1060
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Toll Free: (866) 767-3653
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Fax: (212) 202-3827
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0case@rosenlegal.com<\/a>
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0www.rosenlegal.com<\/a><\/p>\n

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