Palo Alto investor sues over 28% share tumble
February 28, 2024 at 12:08PM Palo Alto Networks faces a class action lawsuit over allegedly misleading investors about its platform tactics and low billings forecast, resulting in a 28.4% share price drop. The lawsuit claims the company’s statements were false, its high billings growth unsustainable, and that its platformization initiatives were not as successful as … Read more