
Levi &âŊKorsinsky Issues Correction on Class Action vs. Fortinet
âĒBy ADMIN
Related Stocks:LEVI
Levi & Korsinsky, LLP has issued a correction to a previously published press release concerning a securitiesâfraud classâaction lawsuit involving Fortinet, Inc. (NASDAQ:âŊFTNT). The lawsuit was originally filed by Bleichmar Fonti & Auld LLP, not by Levi &âŊKorsinsky as initially stated. The notice clarifies that no other changes were made to the case information.
The classâaction complaint alleges that between NovemberâŊ8,âŊ2024 and AugustâŊ6,âŊ2025 Fortinet misled investors by overstating the profitability of its product refresh cycle â using older products representing only a âsmall percentageâ of business â and by obscuring the true number of upgradeâeligible FortiGate firewalls. The firm is now inviting affected shareholders to explore their recovery rights under U.S. federal securities laws.
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