{"id":952645,"date":"2026-04-17T18:25:28","date_gmt":"2026-04-17T22:25:28","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/fortinet-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-fortinet-inc-ftnt-2\/"},"modified":"2026-04-17T18:25:28","modified_gmt":"2026-04-17T22:25:28","slug":"fortinet-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-fortinet-inc-ftnt-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fortinet-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-fortinet-inc-ftnt-2\/","title":{"rendered":"Fortinet Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Fortinet Inc. – FTNT"},"content":{"rendered":"

<\/p>\n

\nFortinet Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Fortinet Inc. – FTNT<\/p>\n

NEW YORK CITY & NEW ORLEANS–(BUSINESS WIRE<\/a>)–
\nFormer Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti<\/a>, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into Fortinet<\/a> Inc. (the \u201cCompany\u201d) (NasdaqGS: FTNT).<\/p>\n

\nOn August 6, 2025, the Company disclosed disappointing second-quarter 2025 financial results, including that it was already \u201capproximately 40% to 50% of the way through the 2026 upgrade cycle at the end of the second quarter [of 2025] based on the remaining active units and service contracts,\u201d that excess [firewall] capacity by customers meant less demand for upgrades, and also issued weaker-than-expected revenue guidance for the upcoming third quarter, projecting revenue between $1.67 billion and $1.73 billion.<\/p>\n

\nThereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period in violation of federal securities laws, which remains ongoing.<\/p>\n

\nKSF\u2019s investigation is focusing on whether Fortinet\u2019s officers and\/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.<\/p>\n

\nIf you have information that would assist KSF in its investigation, or have been a long-term holder of Fortinet shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com<\/a>), or visit https:\/\/www.ksfcounsel.com\/cases\/nasdaqgs-ftnt\/<\/a> to learn more.<\/p>\n

\nAbout Kahn Swick & Foti, LLC<\/p>\n

\nKSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation\u2019s premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.<\/p>\n

\nTOP 10 Plaintiff Law Firms – According to ISS Securities Class Action Services<\/p>\n

\nTo learn more about KSF, you may visit www.ksfcounsel.com<\/a>.<\/p>\n

\nCONNECT WITH US: Facebook<\/a> || Instagram<\/a> || YouTube<\/a> || TikTok<\/a> || LinkedIn<\/a><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260417889545\/en\/<\/a><\/span><\/p>\n

\nKahn Swick & Foti, LLC
\n
Lewis Kahn, Managing Partner
\n
lewis.kahn@ksfcounsel.com
\n<\/a>
1-877-515-1850
\n
1100 Poydras St., Suite 960
\n
New Orleans, LA 70163<\/p>\n

KEYWORDS:<\/b> Louisiana New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Class Action Lawsuit<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Fortinet Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Fortinet Inc. – FTNT NEW YORK CITY & NEW ORLEANS–(BUSINESS WIRE)– Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into Fortinet Inc. (the \u201cCompany\u201d) (NasdaqGS: FTNT). On August 6, 2025, the Company disclosed disappointing second-quarter 2025 financial results, including that it was already \u201capproximately 40% to 50% of the way through the 2026 upgrade cycle at the end of the second quarter [of 2025] based on the remaining active units and service contracts,\u201d that excess [firewall] capacity by customers meant less demand for upgrades, … <\/p>\n

Continue reading “Fortinet Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Fortinet Inc. – FTNT”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-952645","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFortinet Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Fortinet Inc. - FTNT - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fortinet-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-fortinet-inc-ftnt-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fortinet Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Fortinet Inc. - FTNT - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Fortinet Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Fortinet Inc. – FTNT NEW YORK CITY & NEW ORLEANS–(BUSINESS WIRE)– Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into Fortinet Inc. (the \u201cCompany\u201d) (NasdaqGS: FTNT). On August 6, 2025, the Company disclosed disappointing second-quarter 2025 financial results, including that it was already \u201capproximately 40% to 50% of the way through the 2026 upgrade cycle at the end of the second quarter [of 2025] based on the remaining active units and service contracts,\u201d that excess [firewall] capacity by customers meant less demand for upgrades, … Continue reading "Fortinet Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Fortinet Inc. – FTNT"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/fortinet-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-fortinet-inc-ftnt-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-17T22:25:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260417889545r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fortinet-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-fortinet-inc-ftnt-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fortinet-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-fortinet-inc-ftnt-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Fortinet Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Fortinet Inc. – FTNT\",\"datePublished\":\"2026-04-17T22:25:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fortinet-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-fortinet-inc-ftnt-2\\\/\"},\"wordCount\":457,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fortinet-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-fortinet-inc-ftnt-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260417889545r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fortinet-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-fortinet-inc-ftnt-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fortinet-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-fortinet-inc-ftnt-2\\\/\",\"name\":\"Fortinet Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Fortinet Inc. - 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