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The lawsuit led by the Plymouth County Retirement Association of Plymouth, Massachusetts, seeks unspecified damages for holders of CrowdStrike Class A shares between Nov. 29, 2023, and July 29, 2024.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) CrowdStrike had instituted deficient controls in its procedure for updating Falcon and was not properly testing updates to Falcon before rolling them out ...
In a proposed class action lawsuit filed in federal court in Austin, Texas, three travelers accused CrowdStrike of negligence in testing and deploying its software, which they claim caused the outage.
Investors in CrowdStrike have also filed a lawsuit. The Plymouth County Retirement Association alleges CrowdStrike maintained deficient controls and did not adequately test its software, despite ...
SAN DIEGO, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired CrowdStrike Holdings, Inc. (NASDAQ: CRWD) Class A common stock between November 29, 2023 and July 29, 2024. CrowdStrike is a global cybersecurity company ...
In its lawsuit, Delta claims that the outage occurred because CrowdStrike failed to test the update before rolling it out worldwide. Delta canceled about 7,000 flights over a five-day period during the peak summer vacation season. The outage also affected banks, hospitals and other businesses.
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of CrowdStrike 08/02/2024 14:35 -0400 Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In CrowdStrike To Contact Him Directly To Discuss Their Options
By Jonathan Stempel (Reuters) - CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could cause the July ...