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Court Axes Investor Lawsuit Over CrowdStrike Software Update
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Court Axes Investor Lawsuit Over CrowdStrike Software Update

Misstatement Claims Tossed in Class-Action Securities Case After CrowdStrike Outage. A U.S. district judge tossed most claims from investors accusing CrowdStrike of misrepresenting its software testing rigor before a July 2024 outage. The judge said two statements about federal compliance could plausibly be misleading, but said plaintiffs failed to establish intent or recklessness.

First seen on govinfosecurity.com

Jump to article: www.govinfosecurity.com/court-axes-investor-lawsuit-over-crowdstrike-software-update-a-30523

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