Data News > CrowdStrike Holdings, Inc. Faces Securities Law Violation Lawsuits
- Multiple law firms have filed class action lawsuits against CrowdStrike Holdings, Inc. (CRWD) for securities law violations.
- The lawsuits allege violations of federal securities laws between November 29, 2023, and July 29, 2024.
- Investors who suffered losses on their CRWD investments are encouraged to contact Levi & Korsinsky, Kessler Topaz Meltzer & Check, LLP, Bronstein, Gewirtz & Grossman LLC, Pomerantz Law Firm, and Rosen Law Firm.
- The lead plaintiff deadline is September 30, 2024, for the class action lawsuit against CrowdStrike.
- Despite a major IT outage in July, CrowdStrike reported strong Q2 earnings, slightly lowering its FY 2025 guidance but maintaining positive growth prospects.
Multiple law firms, including Levi & Korsinsky, Kessler Topaz Meltzer & Check, LLP, Bronstein, Gewirtz & Grossman LLC, Pomerantz Law Firm, and Rosen Law Firm, have filed class action lawsuits against CrowdStrike Holdings, Inc. (CRWD) for alleged violations of federal securities laws. These lawsuits cover the period between November 29, 2023, and July 29, 2024, targeting investors who suffered losses on their CRWD investments.
The lead plaintiff deadline for the class action lawsuit against CrowdStrike is September 30, 2024, urging affected investors to take action before the deadline passes. These legal actions come in the wake of a major IT outage in July, which caused significant volatility in CrowdStrike's stock despite the company reporting strong Q2 earnings.
Despite the outage, CrowdStrike's financials showed resilience, with revenue growing by 32% year-over-year and adjusted earnings per share exceeding expectations. The company also experienced a 44% increase in free cash flows and a 2 percentage point improvement in margins. While slightly lowering its FY 2025 guidance, CrowdStrike remains optimistic about its long-term growth outlook.
Investors who believe they may be eligible to participate in the class action lawsuits against CrowdStrike Holdings, Inc. are encouraged to contact the respective law firms before the September 30, 2024 deadline. The legal actions aim to seek recovery for investors who suffered losses during the specified period, offering them an opportunity to potentially recoup their investments.
In light of the ongoing legal proceedings and uncertainties surrounding CrowdStrike's stock, affected investors should consider their options carefully and seek counsel from the law firms handling the class action lawsuits. Additionally, staying informed about the developments in the case and monitoring CrowdStrike's performance in the coming months will be crucial for investors looking to make informed decisions regarding their investments.
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CrowdStrike Holdings, Inc. Faces Securities Law Violation Lawsuits
By KlickAnalytics Data Insights | September 5, 2024 08:01PM ET
Key Points
- Multiple law firms have filed class action lawsuits against CrowdStrike Holdings, Inc. (CRWD) for securities law violations.
- The lawsuits allege violations of federal securities laws between November 29, 2023, and July 29, 2024.
- Investors who suffered losses on their CRWD investments are encouraged to contact Levi & Korsinsky, Kessler Topaz Meltzer & Check, LLP, Bronstein, Gewirtz & Grossman LLC, Pomerantz Law Firm, and Rosen Law Firm.
- The lead plaintiff deadline is September 30, 2024, for the class action lawsuit against CrowdStrike.
- Despite a major IT outage in July, CrowdStrike reported strong Q2 earnings, slightly lowering its FY 2025 guidance but maintaining positive growth prospects.
Multiple law firms, including Levi & Korsinsky, Kessler Topaz Meltzer & Check, LLP, Bronstein, Gewirtz & Grossman LLC, Pomerantz Law Firm, and Rosen Law Firm, have filed class action lawsuits against CrowdStrike Holdings, Inc. (CRWD) for alleged violations of federal securities laws. These lawsuits cover the period between November 29, 2023, and July 29, 2024, targeting investors who suffered losses on their CRWD investments.
The lead plaintiff deadline for the class action lawsuit against CrowdStrike is September 30, 2024, urging affected investors to take action before the deadline passes. These legal actions come in the wake of a major IT outage in July, which caused significant volatility in CrowdStrike's stock despite the company reporting strong Q2 earnings.
Despite the outage, CrowdStrike's financials showed resilience, with revenue growing by 32% year-over-year and adjusted earnings per share exceeding expectations. The company also experienced a 44% increase in free cash flows and a 2 percentage point improvement in margins. While slightly lowering its FY 2025 guidance, CrowdStrike remains optimistic about its long-term growth outlook.
Investors who believe they may be eligible to participate in the class action lawsuits against CrowdStrike Holdings, Inc. are encouraged to contact the respective law firms before the September 30, 2024 deadline. The legal actions aim to seek recovery for investors who suffered losses during the specified period, offering them an opportunity to potentially recoup their investments.
In light of the ongoing legal proceedings and uncertainties surrounding CrowdStrike's stock, affected investors should consider their options carefully and seek counsel from the law firms handling the class action lawsuits. Additionally, staying informed about the developments in the case and monitoring CrowdStrike's performance in the coming months will be crucial for investors looking to make informed decisions regarding their investments.
For more information:
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