F5(US:FFIV) Prnewswire·2026-02-12 23:45Core Viewpoint - A securities class action lawsuit has been filed against F5, Inc. for alleged violations of the Securities Exchange Act of 1934 during the Class Period from October 28, 2024, to October 27, 2025, with a lead plaintiff deadline set for February 17, 2026 [1] Group 1: Lawsuit Details - The lawsuit, titled Smith v. F5, Inc., claims that F5 and its executives misrepresented the company's revenue outlook and growth potential while downplaying risks associated with seasonality and macroeconomic factors [1] - Allegations include that F5 was experiencing a significant security incident that jeopardized client security and the company's future prospects [1] - On October 15, 2025, F5 disclosed a security breach involving a nation-state threat actor, leading to a nearly 14% drop in stock price over two trading days [1] Group 2: Financial Impact - Following the security breach, F5 reported fourth quarter fiscal year 2025 results that fell significantly below market growth expectations for fiscal 2026, attributing this to the breach and announcing expected reductions in sales and renewals [1] - The stock price fell nearly 11% over two trading days after the announcement of the disappointing fiscal results [1] Group 3: Legal Process - Investors who purchased F5 securities during the Class Period can seek appointment as lead plaintiff, with the lead plaintiff representing the interests of all class members [1] - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect an investor's ability to share in any potential recovery [1] Group 4: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone [1] - The firm has a strong track record, recovering $8.4 billion for investors over the past five years, including the largest securities class action recovery in history [1]