F5, Inc. (NASDAQ: FFIV)

This lawsuit is for anyone who acquired securities in F5, Inc. (NASDAQ: FFIV) from October 28, 2024 through October 27, 2025.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by telling investors that the Company maintained proper security on the Company’s computer systems though the Company lacked proper security.

On October 15, 2025, F5 disclosed that a “highly sophisticated nation-state threat actor had gained unauthorized access to certain Company systems” and “maintained long-term, persistent access to certain F5 systems, including the BIG-IP product development environment and engineering knowledge management platform.” Additionally, the Company stated that “[t]rough this access, certain files were exfiltrated, some of which contained certain portions of the Company’s BIG-IP source code and information about undisclosed vulnerabilities that it was working on in BIG-IP.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume. Then, on October 27, 2025, F5 announced their fourth quarter fiscal year 2025 results after the market closed, providing significantly below-market growth expectations for fiscal 2026 due in significant part to the Security Breach as the Company announced expected reductions to sales and renewals, elongated sales cycles, terminated projections, and increased expenses attributed to ongoing remediation efforts. Pertinently, defendants also disclosed that BIG-IP, the product that was the subject of the Security Breach, is the company’s highest revenue product, elevating the scope of the impact from the original disclosure as F5 does not otherwise provide revenue contributions by product line. On this news, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in F5, Inc. (NASDAQ: FFIV) from October 28, 2024 through October 27, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.