Levi &â€ŊKorsinsky Issues Correction on Class Action vs. Fortinet

Levi &â€ŊKorsinsky Issues Correction on Class Action vs. Fortinet

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Levi & Korsinsky, LLP has issued a correction to a previously published press release concerning a securities‑fraud class‑action lawsuit involving Fortinet, Inc. (NASDAQ:â€ŊFTNT). The lawsuit was originally filed by Bleichmar Fonti & Auld LLP, not by Levi &â€ŊKorsinsky as initially stated. The notice clarifies that no other changes were made to the case information. The class‑action complaint alleges that between Novemberâ€Ŋ8,â€Ŋ2024 and Augustâ€Ŋ6,â€Ŋ2025 Fortinet misled investors by overstating the profitability of its product refresh cycle — using older products representing only a “small percentage” of business — and by obscuring the true number of upgrade‑eligible FortiGate firewalls. The firm is now inviting affected shareholders to explore their recovery rights under U.S. federal securities laws. #securitiesfraud #classaction #Fortinet #investoralert #SlimScan #GrowthStocks #CANSLIM

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Levi &â€ŊKorsinsky Issues Correction on Class Action vs. Fortinet | CANSLIM