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On 19 July at 04:09 UTC, CrowdStrike distributed a faulty configuration update for its Falcon sensor software running on Windows PCs and servers. A modification to a configuration file which was responsible for screening named pipes, Channel File 291, caused an out-of-bounds memory read [14] in the Windows sensor client that resulted in an invalid page fault.
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.
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.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired CrowdStrike securities between November 29, 2023, and July 29, 2024, inclusive (the “Class Period”).
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.
The battle between Delta Air Lines and CrowdStrike has escalated after both companies filed competing lawsuits against each other over the summer's tech outage and flight cancellations.
On October 25, 2024, Delta Air Lines filed a lawsuit against cybersecurity firm CrowdStrike, seeking compensation for losses incurred during a significant IT outage on July 19, 2024. Delta estimates the financial impact at around $550 million, encompassing both lost revenue and additional expenses.
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of CrowdStrike 08/22/2024 18:08 -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