F5(US:FFIV) Businesswire·2025-12-24 17:30Core Viewpoint - F5, Inc. is facing a securities fraud lawsuit due to a significant security breach that led to unauthorized access to its systems, resulting in financial losses for investors during the specified class period from October 28, 2024, to October 27, 2025 [1][6]. Group 1: Incident Details - On October 15, 2025, F5 disclosed that a sophisticated nation-state threat actor gained unauthorized access to its systems, including the BIG-IP product development environment, leading to the exfiltration of files containing portions of the BIG-IP source code and information on undisclosed vulnerabilities [3]. - Following this disclosure, F5's stock price dropped by $35.40, or 10.7%, closing at $295.35 per share on October 16, 2025, indicating a significant impact on investor confidence [3]. - On October 27, 2025, F5 reported its fourth quarter fiscal 2025 results, projecting low growth expectations for fiscal 2026 due to the security breach, which would result in reduced sales, elongated sales cycles, and increased expenses for remediation efforts [4]. Group 2: Financial Impact - After the financial results announcement on October 27, 2025, F5's stock price fell by $22.83, or 7.8%, closing at $267.58 per share on October 28, 2025, further harming investors [5]. Group 3: Lawsuit Details - The class action lawsuit alleges that F5's management made materially false and misleading statements and failed to disclose adverse facts about the company's operations and future prospects, particularly regarding the significant security incident [6]. - Investors who purchased F5 securities during the class period may file a motion to be appointed as lead plaintiff by the deadline of February 17, 2026 [7].