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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.
Shareholders sue CrowdStrike
The CrowdStrike software did not provide a way for subscribers to delay the installation of its content files. [19] Computers running macOS and Linux were unaffected, as the problematic content file was only for Windows, [20] but similar problems had affected Linux distributions of CrowdStrike software in April 2024. [21] [22]
Delta Air Lines on Friday sued cybersecurity firm CrowdStrike in a Georgia state court after a global outage in July caused mass flight cancellations, disrupted travel plans of 1.3 million ...
Further, CrowdStrike disclosed that the outages had left users vulnerable to potential hacking threats. On this news, shares of CrowdStrike fell $38.09, or 11%, to close at $304.96 on July 19, 2024. As more information came to light regarding the outages, the Company's stock continued to decline, closing at $233.64 on July 30, 2024.
CrowdStrike is sued by fliers after massive outage disrupts air travel. ... It provided an identical statement in response to a shareholder lawsuit filed on July 31, after the company's stock ...
CrowdStrike has released a fix for its software and is actively pushing it out to customers. But that doesn’t mean every company will get back online right away.
Cybersecurity firm CrowdStrike said on Monday it sued Delta Air Lines in U.S. District Court in Georgia after a faulty software update prompted a global outage in July.