1. Kessler Topaz Meltzer & Check investigates Fortinet for securities law violations. 2. Fortinet reported disappointing Q2 2025 results, leading to analyst downgrades. 3. Stock price dropped 22.03%, closing at $75.30 on August 7, 2025.
The major drop in Fortinet's stock price indicates significant investor concern following poor earnings. Historical instances show that similar earnings reports typically lead to sustained bearish trends in tech stocks.
The ongoing investigation and prior earnings report create significant uncertainty around FTNT.
Immediate effects are seen through price drops and analyst downgrades. If these issues persist, long-term price recovery may be more difficult.
The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Fortinet, Inc. ((FTNT) ("Fortinet").
On August 6, 2025, Fortinet reported disappointing second-quarter 2025 financial results. In response, several analysts downgraded their rating on Fortinet's stock citing concerns regarding the company's firewall refresh cycle.
On 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.
If you are a Fortinet investor and would like to learn more about our investigation, please CLICK HERE to fill out our online form or contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270-1453 or E-mail at info@ktmc.com. You can also click on the following link or paste it in your browser: https://www.ktmc.com/fortinet-inc-investigation?utm_source=Businesswire&mktm=PR
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250821147132/en/
Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
info@ktmc.com