INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Forescout Technologies, Inc. Investors

BENSALEM, Pa.--()--Law Offices of Howard G. Smith announces an investigation on behalf of Forescout Technologies, Inc. (“Forescout” or the “Company”) (NASDAQ: FSCT) investors concerning the Company and its officers’ possible violations of federal securities laws.

On October 10, 2019, before the market opened, Forescout reduced third quarter 2019 revenue guidance to $90.6 million to $91.6 million, compared to prior guidance of $98.8 million to $101.8 million, due to “extended approval cycles which pushed several deals out of the third quarter,” which “was most pronounced in EMEA.”

On this news, Forescout’s stock price fell $14.63 per share, or more than 37%, to close at $24.57 per share on October 10, 2019, thereby injuring investors.

If you purchased Forescout securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com

Release Summary

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Forescout Technologies, Inc. Investors

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Contacts

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com