F5(US:FFIV) Prnewswire·2025-12-22 13:46Core Viewpoint - A securities class action lawsuit has been filed against F5, Inc. for allegedly failing to timely disclose a significant cybersecurity incident that negatively impacted its stock price and investor confidence [1][2]. Group 1: Lawsuit Details - The lawsuit, titled Smith v. F5, Inc., seeks to represent investors who acquired F5 securities between October 28, 2024, and October 27, 2025 [1]. - The lead plaintiff deadline for the lawsuit is set for February 17, 2026 [3]. Group 2: Cybersecurity Incident - On October 15, 2025, F5 disclosed that it had experienced a major cybersecurity breach on August 9, 2025, involving unauthorized access by a nation-state actor to its systems, including its key product, F5 BIG-IP [2][6]. - Following the disclosure, F5's stock price fell by $47.82, a decrease of 13.9%, over two trading days [6]. Group 3: Financial Impact - F5 reported a significant slowdown in revenue growth, projecting only 0% to 4% growth for 2026, compared to 10% growth in 2025, attributing this deceleration to the cybersecurity incident [7]. - The day after the financial results were announced, F5's stock price dropped by $22.83, a decline of 7.8% [7]. Group 4: Investigation Focus - The investigation by Hagens Berman is centered on whether F5 appropriately informed investors about the materiality of the cybersecurity incident and adhered to SEC disclosure rules [8].