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]. Summary by Relevant Sections Allegations and Investigation - The lawsuit claims that F5 executives misled the market about the security of its BIG-IP products, asserting that a sophisticated nation-state threat actor had long-term access to F5's systems and exfiltrated sensitive source code [2][9]. - The firm is investigating whether F5 delayed disclosing a material cybersecurity incident, which could have impacted investor decisions [3][9]. Financial Impact - Following the revelation of the security breach in October 2025, F5's market value dropped by over $2 billion, with significant stock price declines occurring after the disclosures [2][4]. - On October 27, 2025, F5 reported disappointing Q4 FY25 results, attributing the poor performance to the security breach, which led to reduced sales expectations and increased expenses for remediation efforts [9]. Class Action Details - 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]. - Investors who purchased F5 shares during this period and experienced losses are encouraged to contact Hagens Berman for assistance [5][6].
FFIV 4-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