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 occurred between October 28, 2024, and October 27, 2025 [1][3]. Group 1: Class Action Details - The class period for the action is defined as October 28, 2024, to October 27, 2025 [3]. - Robbins LLP is investigating allegations that F5, Inc. misled investors about its ability to secure client data amid a significant security breach [3]. - The breach reportedly compromised the company's BIG-IP product development and engineering knowledge management platforms, including the source code [4]. Group 2: Financial Impact - Following the announcement of the security breach on October 15, 2025, F5's stock price fell from $343.17 per share on October 14, 2025, to $295.35 per share on October 16, 2025, marking a decline of approximately 13.9% [4]. - On October 27, 2025, F5 reported fourth-quarter fiscal year 2025 results that fell significantly below market growth expectations for fiscal 2026, attributing this to the security breach [5]. - The company indicated expected reductions in sales and renewals, elongated sales cycles, and increased expenses due to ongoing remediation efforts, which further impacted its stock price, dropping from $290.41 per share on October 27, 2025, to $258.76 per share on October 28, 2025, a decline of an additional 10.9% [5]. Group 3: Next Steps for Shareholders - Shareholders interested in participating in the class action must submit their papers to the court by February 17, 2026, to serve as lead plaintiff [6]. - Shareholders can choose to remain absent class members without participating in the case [6].
Shareholder Rights Law Firm Robbins LLP Urges FFIV Investors to Contact the Firm About Leading the Class Action Lawsuit Against F5, Inc.