{"id":15363,"date":"2024-08-01T14:38:10","date_gmt":"2024-08-01T12:38:10","guid":{"rendered":"http:\/\/costops.com\/index.php\/2024\/08\/01\/crowdstrike-accused-of-defrauding-investors-in-class-action-lawsuit\/"},"modified":"2024-08-01T14:38:10","modified_gmt":"2024-08-01T12:38:10","slug":"crowdstrike-accused-of-defrauding-investors-in-class-action-lawsuit","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/08\/01\/crowdstrike-accused-of-defrauding-investors-in-class-action-lawsuit\/","title":{"rendered":"CrowdStrike accused of defrauding investors in class action lawsuit"},"content":{"rendered":"<p>Company says it will vigorously defend claim by pension fund that its stock price was kept artificially high<\/p>\n<p>CrowdStrike, the cybersecurity company behind July\u2019s <a href=\"https:\/\/www.theguardian.com\/australia-news\/article\/2024\/jul\/19\/microsoft-windows-pcs-outage-blue-screen-of-death\">mass computer outage around the world<\/a>, has been issued with an investor lawsuit accusing it of defrauding investors.<\/p>\n<p>The class action suit, filed in Texas by Plymouth County Retirement Association, a pension fund, argues that CrowdStrike misled investors by attesting that the company\u2019s technology was \u201cvalidated, tested and certified\u201d. In fact, the investors say, CrowdStrike\u2019s software was no such thing.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/article\/2024\/aug\/01\/crowdstrike-accused-of-defrauding-investors-in-class-action-lawsuit\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/3459aa2dc5fa229d893cdca0290c0067df142d3d\/0_0_5760_3456\/master\/5760.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=3873960ebd467e8b4a79d76a53a806b3\" title=\"CrowdStrike accused of defrauding investors in class action lawsuit\" \/>Company says it will vigorously defend claim by pension fund that its stock price was kept artificially high<br \/>\nCrowdStrike, the cybersecurity company behind July\u2019s mass computer outage around the world, has been issued with an investor lawsuit accusing it of defrauding investors.<br \/>\nThe class action suit, filed in Texas by Plymouth County Retirement Association, a pension fund, argues that CrowdStrike misled investors by attesting that the company\u2019s technology was \u201cvalidated, tested and certified\u201d. In fact, the investors say, CrowdStrike\u2019s software was no such thing. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company says it will vigorously defend claim by pension fund that its stock price was kept artificially high CrowdStrike, the cybersecurity company behind July\u2019s mass computer outage around the world, has been issued with an investor lawsuit accusing it of defrauding investors. The class action suit, filed in Texas by Plymouth County Retirement Association, a &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2024\/08\/01\/crowdstrike-accused-of-defrauding-investors-in-class-action-lawsuit\/\"> <span class=\"screen-reader-text\">CrowdStrike accused of defrauding investors in class action lawsuit<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":15364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/15363"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=15363"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/15363\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/15364"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=15363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=15363"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=15363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}