Core Viewpoint - Hagens Berman is notifying investors about a pending securities class action against F5, Inc. due to allegations of misleading statements regarding the security of its BIG-IP products, which resulted in significant financial losses for investors [1][2]. Group 1: Allegations and Impact - The lawsuit claims that F5 executives misled the market about the security of its core products, particularly after a sophisticated nation-state threat actor allegedly gained long-term access to F5's systems and exfiltrated sensitive source code [2][9]. - Following the revelation of the security breach in October 2025, F5's market value plummeted by over $2 billion, with stock prices experiencing significant declines [2][4]. - The breach led to a disappointing revenue guidance cut for 2026, which was attributed to the security incident, resulting in a drop of F5 shares by $22.83, or 7%, the day after the announcement [9]. Group 2: Legal Proceedings and Investor Actions - The lead plaintiff deadline for the class action is set for February 17, 2026, covering the class period from October 28, 2024, to October 27, 2025 [4][5]. - Hagens Berman is actively investigating the claims and advising investors who purchased F5 shares during the class period and suffered losses [5][6]. - The firm is also encouraging whistleblowers with non-public information regarding F5 to come forward, as they may be eligible for rewards under the SEC Whistleblower program [6].
FFIV 9-DAY DEADLINE ALERT: Hagens Berman Alerts F5 (FFIV) Investors to Deadline in Securities Class Action Over Alleged Long-Term Undetected Hack and Nation State Infiltration