NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Palo Alto Networks, Inc. ("Palo Alto Networks" or the "Company") (NASDAQ:PANW) in the United States District Court for the Northern District of California on behalf of all persons and entities who purchased or otherwise acquired Palo Alto Networks common stock between August 18, 2023 and February 20, 2024, both dates inclusive (the "Class Period"). Investors have until April 26, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
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After the market close on February 20, 2024, Palo Alto Networks announced financial results for the second quarter of 2024 and lowered its third quarter and full-year billings and revenue guidance. In an earnings call that same day, Defendants explained that "our guidance ...