NEW YORK, NY / ACCESS Newswire / August 13, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Fortinet, Inc. ("Fortinet" or "the Company") (NASDAQ: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 disappointing second-quarter 2025 financial results. In response, Investor's Business Daily quoted 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." Following this news, Fortinet's stock price fell $21.28 per share, or 22.03%, to close at $75.30 per share 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

There is No Cost to You

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

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