Press release
Long-Term Investors in CrowdStrike Holdings, Inc. (NASDAQ: CRWD) should contact the Shareholders Foundation over Investigation concerning possible Wrongdoing
An investigation on behalf of current long term investors in CrowdStrike Holdings, Inc. (NASDAQ: CRWD) shares.
Investors who are current long term investors in CrowdStrike Holdings, Inc. (NASDAQ: CRWD) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: CRWD stocks follows a lawsuit filed against CrowdStrike Holdings, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: CRWD stocks, concerns whether certain CrowdStrike Holdings, Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Western District of Texas the plaintiff alleges tha the Defendants had failed to disclose that CrowdStrike had instituted deficient controls in its procedure for updating Falcon and was not properly testing updates to Falcon before rolling them out to customers, that this inadequate software testing created a substantial risk that an update to Falcon could cause major outages for a significant number of the Company's customers, and that such outages could pose, and in fact ultimately created, substantial reputational harm and legal risk to CrowdStrik, and that as a result of these materially false and misleading statements and omissions, CrowdStrike stock traded at artificially high prices between November 29, 2023 and July 29, 2024.
Those who purchased shares of CrowdStrike Holdings, Inc. (NASDAQ: CRWD) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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