Palo Alto investor sues over 28% share tumble

Lawsuit alleges it misled investors with claims new AI products were ‘facilitating greater platformization’ and more

Palo Alto Networks (PAN) is facing a proposed class action lawsuit that alleges investors were deceived about the traction of its platform tactics and hurt by an unexpectedly low billings forecast that crashed the share price.…

This article has been indexed from The Register – Security

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