Deadline Approaching for Lawsuit Involving CrowdStrike Holdings, Inc. (NASDAQ: CRWD) – Contact Shareholders Foundation Now
Investors in CrowdStrike Holdings, Inc. (NASDAQ: CRWD) are facing a looming deadline of September 30, 2024, in a lawsuit filed for certain investors who purchased shares of the company. The lawsuit alleges that CrowdStrike failed to disclose certain information that led to artificially high stock prices between November 29, 2023, and July 29, 2024.
Specifically, the lawsuit claims that CrowdStrike had deficient controls in its procedure for updating Falcon, its software, and was not properly testing updates before rolling them out to customers. This lack of adequate testing created a substantial risk of major outages for a significant number of customers, leading to reputational harm and legal risk for the company.
Investors who purchased shares in excess of $100,000 of CrowdStrike Holdings, Inc. (NASDAQ: CRWD) during the specified time period have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and settlement claim filing service that provides information on shareholder issues, securities class actions, settlements, judgments, and other legal news related to the stock and financial market. It is important for investors to stay informed and take appropriate action before the upcoming deadline.