CrowdStrike Says Outage 'Unfortunate,' Not Securities Fraud <https://www.law360.com/cybersecurity-privacy/articles/2322875?nl_pk=fb101149-eb3b-4ea0-9196-fcd8c48ca69a&utm_source=newsletter&utm_medium=email&utm_campaign=cybersecurity-privacy&utm_content=2025-04-10&read_main=1&nlsidx=0&nlaidx=1>
By Katryna Perera CrowdStrike Holdings Inc. has urged a Texas federal judge to toss a shareholder suit accusing it of mischaracterizing the measures it was taking to prevent a system crash, which caused its stock price to plummet after the platform experienced a massive outage last year, saying the outage was "unfortunate ... but it did not reveal any securities fraud." Memorandum attached | Read full article » <https://www.law360.com/cybersecurity-privacy/articles/2322875?nl_pk=fb101149-eb3b-4ea0-9196-fcd8c48ca69a&utm_source=newsletter&utm_medium=email&utm_campaign=cybersecurity-privacy&utm_content=2025-04-10&read_more=1&nlsidx=0&nlaidx=1> | Save to favorites » <https://www.law360.com/cybersecurity-privacy/articles/2322875?nl_pk=fb101149-eb3b-4ea0-9196-fcd8c48ca69a&utm_source=newsletter&utm_medium=email&utm_campaign=cybersecurity-privacy&utm_content=2025-04-10&read_later=1&nlsidx=0&nlaidx=1>
