F5(US:FFIV) Prnewswire·2026-02-11 14:49Core Viewpoint - F5, Inc. is facing a federal securities class action due to allegations of misleading statements regarding its security capabilities and a significant security breach that impacted its financial performance [1][2]. Group 1: Legal Action and Deadlines - Faruqi & Faruqi, LLP is investigating potential claims against F5 and reminds investors of the February 17, 2026 deadline to seek the role of lead plaintiff in the class action [1]. - The complaint alleges that F5 and its executives violated federal securities laws by failing to disclose the true state of the company's security capabilities [1]. Group 2: Financial Impact - On October 27, 2025, F5 announced fourth quarter fiscal year 2025 results that were significantly below market growth expectations for fiscal 2026, largely due to the security breach [1]. - The company reported expected reductions in sales and renewals, elongated sales cycles, terminated projections, and increased expenses related to remediation efforts [1]. - Following the announcement, F5's stock price fell from $290.41 per share on October 27, 2025, to $258.76 per share on October 29, 2025, marking a decline of 10.9% in just two days [1]. Group 3: Product Impact - The security breach primarily affected BIG-IP, F5's highest revenue product, which amplifies the financial implications of the breach on the company's overall performance [1].