SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors It Has Filed a Complaint to Recover Losses Suffered by Purchasers of F5, Inc. Securities and Sets a Lead Plaintiff Deadline of February 17, 2026
F5F5(US:FFIV) Globenewswire·2025-12-19 22:37

Core Viewpoint - A class action lawsuit has been filed against F5, Inc. due to allegations of misleading statements regarding the company's security capabilities and a significant security breach that impacted its financial performance [1][4]. Group 1: Lawsuit Details - The lawsuit, Matthew Smith v. F5, Inc., was initiated in the United States District Court for the Western District of Washington for individuals who purchased F5 securities between October 28, 2024, and October 27, 2025 [1]. - The complaint alleges that F5 provided overly positive statements while concealing material adverse facts about its security capabilities, particularly regarding a significant security breach affecting key offerings [4]. Group 2: Financial Impact - On October 27, 2025, F5 reported fourth quarter fiscal year 2025 results that fell significantly below market growth expectations for fiscal 2026, largely due to the security breach [5]. - The company announced expected reductions in sales and renewals, elongated sales cycles, and increased expenses related to remediation efforts [5]. - Following the announcement, F5's stock price dropped from $290.41 per share to $258.76 per share, marking a decline of 10.9% within two days [6]. Group 3: Investor Actions - Investors affected by the alleged misrepresentations are encouraged to step forward before the February 17, 2026 deadline to request appointment as lead plaintiff [7]. - The firm Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [8].