FFIV Stockholder Alert: Robbins LLP Reminds Investors of the Securities Class Action Against F5, Inc.
F5F5(US:FFIV) Prnewswire·2025-12-24 22:29

Core Viewpoint - A class action has been filed against F5, Inc. for allegedly misleading investors regarding the financial impact of a significant security breach that affected the company's operations and stock performance [1][2]. Group 1: Allegations and Security Breach - Robbins LLP is investigating allegations that F5, Inc. misled investors about its ability to secure client data amid a significant security breach [2]. - On October 15, 2025, F5 announced a "long-term, persistent" breach affecting its BIG-IP product, including the compromise of its source code [3]. - The breach led to a decline in F5's stock price from $343.17 per share on October 14, 2025, to $295.35 per share on October 16, 2025, representing a decrease of approximately 13.9% [3]. Group 2: Financial Impact and Stock Performance - 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 [4]. - The company announced expected reductions in sales and renewals, elongated sales cycles, and increased expenses related to remediation efforts [4]. - Following the announcement, F5's stock price dropped from $290.41 per share on October 27, 2025, to $258.76 per share on October 28, 2025, marking an additional decline of 10.9% [4].