LOS ANGELES, Aug. 5, 2024 /PRNewswire/ — The DJS Law Group reminds investors of a class action lawsuit against CrowdStrike Holdings, Inc. (“CrowdStrike” or “the Company”) (NASDAQ: CRWD) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of CRWD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: November 29, 2023 to July 29, 2024
DEADLINE: September 30, 2024
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. CrowdStrike failed to maintain appropriate control on its update procedure for the Falcon software platform and did not adequately test its updates before distributing them to customers. The Company’s improper software testing created a risk of major outages for its customers. The eventual massive outage that did occur created reputational harm for the Company as well as legal risk. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about CrowdStrike, investors suffered damages.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group’s primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
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CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]
SOURCE DJS Law Group LLP