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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.
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]
The lawsuit concludes that CrowdStrike should pay compensatory and punitive damages to all fliers whose flights were disrupted. In a statement about the suit filed earlier this month, CrowdStrike ...
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
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.
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.
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 concludes that CrowdStrike should pay compensatory and punitive damages to all fliers whose flights were disrupted. CrowdStrike said in a statement: "We believe this case lacks merit ...