NEW YORK, NY / ACCESS Newswire / August 11, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Fortinet, Inc. ("Fortinet" or "the Company") (NYSE:FTNT). Investors who purchased Fortinet securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/FTNT.
Investigation Details
On August 6, 2025, Fortinet reported its Q2 financial results. 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.
What’s Next?
If you are aware of any facts relating to this investigation or purchased Fortinet securities, you can assist this investigation by visiting the firm’s site: bgandg.com/FTNT. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660
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We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
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Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Contact
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com
SOURCE: Bronstein, Gewirtz & Grossman, LLC
View the original press release on ACCESS Newswire
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