FTNT Investors Have Opportunity to Join Fortinet, Inc. Fraud Investigation with the Schall Law Firm
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LOS ANGELES, Aug. 12, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Fortinet, Inc. ("Fortinet" or "the Company") (NASDAQ: FTNT) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Fortinet reported its Q2 financial results on August 6, 2025. Investor's Business Daily quotes William Blair analyst Jonathan Ho as stating, "Investors were left confused by the company's formal statement that 40% to 50% of its accelerated firewall refresh (estimated to be a $450 million, 650,000 unit opportunity) was now completed. This is driving confusion about why Fortinet is not seeing stronger product revenue growth and billings materialize." Based on this news, shares of Fortinet opened down 25.3% on August 7, 2025.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
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SOURCE The Schall Law Firm
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Nachrichten zu Fortinet Inc
Analysen zu Fortinet Inc
Datum | Rating | Analyst | |
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02.08.2019 | Fortinet Buy | Monness, Crespi, Hardt & Co. | |
23.05.2019 | Fortinet Market Perform | Cowen and Company, LLC | |
03.05.2019 | Fortinet Buy | Monness, Crespi, Hardt & Co. | |
08.02.2019 | Fortinet Outperform | First Analysis Securities | |
07.02.2019 | Fortinet Hold | Gabelli & Co |
Datum | Rating | Analyst | |
---|---|---|---|
02.08.2019 | Fortinet Buy | Monness, Crespi, Hardt & Co. | |
03.05.2019 | Fortinet Buy | Monness, Crespi, Hardt & Co. | |
08.02.2019 | Fortinet Outperform | First Analysis Securities | |
07.02.2019 | Fortinet Market Perform | BMO Capital Markets | |
25.01.2019 | Fortinet Market Perform | BMO Capital Markets |
Datum | Rating | Analyst | |
---|---|---|---|
23.05.2019 | Fortinet Market Perform | Cowen and Company, LLC | |
07.02.2019 | Fortinet Hold | Gabelli & Co | |
18.10.2018 | Fortinet Neutral | Robert W. Baird & Co. Incorporated | |
02.08.2018 | Fortinet Equal Weight | Barclays Capital | |
01.02.2018 | Fortinet Neutral | Dougherty & Company LLC |
Datum | Rating | Analyst | |
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