September 30, 2024 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against CRWD

Core Viewpoint - A class action securities lawsuit has been filed against CrowdStrike Holdings, Inc. alleging securities fraud that affected investors between November 29, 2023, and July 29, 2024 [1][2]. Group 1: Allegations and Impact - The lawsuit claims that CrowdStrike made false statements and concealed deficiencies in its software update procedures for its main product, Falcon, which were not properly tested before deployment [2]. - This inadequate testing allegedly created a significant risk of major outages for many customers, leading to reputational harm and legal risks for CrowdStrike [2]. - As a result of these misleading statements, CrowdStrike's stock traded at artificially inflated prices during the class period [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until September 30, 2024, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].