A securities class action has been filed in the USDC – W.D.WA. against F5, Inc. (PRMB) (“Primo Brands” or the “Company”), on behalf of all persons and entities that purchased or otherwise acquired F5 securities between October 28, 2024, through October 27, 2025, both dates inclusive (the “Class Period”).
F5 is a global multiload application security and delivery company which enables customers to deploy, secure, and operate applications on-premises or via public cloud. The Company operates through three major product portfolios: F5 Distributed Cloud Services, F5 NGINX, and F5 BIG-IP.
The complaint alleges defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of F5’s security capabilities; notably, that it was not truly equipped to safely secure data for its clients as F5 itself was, for all relevant times, experiencing a significant security breach (the “Security Breach”) of some of its key offerings and, further, that the revelation of this breach would significantly impact F5’s potential to capitalize on the security market. Such statements absent these material facts caused Plaintiff and other shareholders to purchase F5’s securities at artificially inflated prices.
From a closing market price of $290.41 per share on October 27, 2025, F5’s stock price fell to $258.76 per share on October 28, 2025, a decline of an additional 10.9% in the span of two days.
If you purchased F5 securities during the Class Period and would like to receive more information or join the action, please enter your contact information below for a FREE consultation and click “Submit Your Information”.