In the complaint, Delta contends that CrowdStrike is liable to Delta for damages sustained and costs of the suit, including Delta’s lost profits and expenditures and attorneys’ fees, and cites ...

CrowdStrike moves to dismiss Delta Air Lines suit, citing contract terms The cybersecurity company’s stock took a sharp hit after the outage, plunging 44%. It has since largely recovered from ...

The U.S. District Court of Western Texas has dismissed a consumer class-action lawsuit against CrowdStrike Holdings tied to a software outage that disrupted global airline operations in 2024, the ...

Delta in its suit alleged CrowdStrike’s faulty software update was catastrophic for the airline, and contended that CrowdStrike is liable to Delta for damages sustained and costs of the suit ...

CrowdStrike shares were trading at more than $350 per share prior to the outage. They lost as much as 36% of their value before rebounding. The stock closed down 75 cents, or less than 1%, to $330 ...

CrowdStrike’s stock price was up slightly, to $234.45 a share, shortly after 11 a.m. EDT Tuesday. Shares in the company remain down 31 percent compared to its closing price of $343.05 on July 18 ...

Investors Sue CrowdStrike in Class Action Suit The lawsuit was filed by the Plymouth County Retirement Association, which is represented by New York-based Labaton Keller Sucharow. July 31, 2024 ...

The CrowdStrike software update that caused a global computer meltdown last week was sent out because a bug caused the firm’s quality control system to miss flawed data.

CrowdStrike moved Monday evening to dismiss Delta Air Lines’ lawsuit around the July cybersecurity outage that led to canceled flights and stranded passengers, arguing that the airline’s ...

Investors Sue CrowdStrike in Class Action Suit 2 minute read July 31, 2024. By. Katie Hall. Email. Share. Print.

CrowdStrike moved Monday evening to dismiss Delta Air Lines' lawsuit around the July cybersecurity outage that led to canceled flights. CrowdStrike also argued in its filing that Georgia law ...

CrowdStrike moved Monday evening to dismiss Delta Air Lines’ lawsuit around the July cybersecurity outage that led to canceled flights.