F5(US:FFIV) Prnewswire·2026-01-17 03:19Core Viewpoint - A securities class action lawsuit has been filed against F5, Inc. for failing to disclose material information during the class period, leading to significant investor losses [3]. Group 1: Lawsuit Details - Investors who purchased F5 securities between October 28, 2024, and October 27, 2025, have until February 17, 2026, to file lead plaintiff applications [1]. - The lawsuit is pending in the United States District Court for the Western District of Washington [1]. - The case is identified as Smith v. F5, Inc., et al., No. 25-cv-02619 [5]. Group 2: Company Performance - On October 27, 2025, F5 announced its fourth quarter fiscal year 2025 results, revealing below-market growth expectations for fiscal 2026, including reduced sales and renewals, elongated sales cycles, and increased expenses due to a security breach involving its highest revenue product, BIG-IP [4]. - Following this announcement, F5's share price dropped from $290.41 to $258.76, a decline of 10.9% within two days [5]. Group 3: Legal Representation - Kahn Swick & Foti, LLC, a prominent securities litigation law firm, is representing the investors in this case [5]. - The firm has been recognized among the top 10 firms nationally based on total settlement value [5].