F5(US:FFIV) Globenewswire·2026-01-07 22:25Core Viewpoint - A class action lawsuit has been filed against F5, Inc. for allegedly providing misleading information regarding its security capabilities, which led to significant financial losses for investors during the specified class period [2][7]. Group 1: Lawsuit Details - The lawsuit is on behalf of all individuals and entities that purchased F5 securities between October 28, 2024, and October 27, 2025, inclusive [2]. - Investors have until February 17, 2026, to apply to the Court to be appointed as lead plaintiff in the lawsuit [2]. Group 2: Allegations - The complaint alleges that F5 made overwhelmingly positive statements while concealing material adverse facts about its security capabilities, specifically regarding a significant security breach affecting key offerings [7]. - The breach reportedly impacted F5's ability to capitalize on the security market, leading to reduced sales and renewals, elongated sales cycles, and increased expenses for remediation efforts [7]. Group 3: Financial Impact - On October 27, 2025, F5 announced fourth quarter fiscal year 2025 results that fell significantly below market growth expectations for fiscal 2026 due to the security breach [7]. - Following the announcement, F5's stock price dropped from $290.41 per share to $258.76 per share, a decline of 10.9% within two days [7].