Shareholders that lost money on CrowdStrike Holdings, Inc.(CRWD) should contact The Gross Law Firm about pending Class Action - CRWD

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of CrowdStrike Holdings, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about its software update procedures, which led to inflated stock prices during the class period from November 29, 2023, to July 29, 2024 [1]. Group 1 - The class action alleges that CrowdStrike had deficient controls in updating its main product software, Falcon, and failed to properly test updates before deployment [1]. - The inadequate software testing created a substantial risk of major outages for a significant number of customers, which ultimately resulted in reputational harm and legal risks for CrowdStrike [1]. - As a consequence of these misleading statements and omissions, CrowdStrike's stock traded at artificially high prices during the class period [1]. Group 2 - Shareholders who purchased shares of CRWD during the specified class period are encouraged to register for the class action, with a deadline of September 30, 2024, to seek lead plaintiff status [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the lifecycle of the case [2]. - Participation in the case incurs no cost or obligation for the shareholders [2].