@Xatolos@reddthat.com to

Technology@lemmy.worldEnglish • 8 months ago

CrowdStrike shareholders sue over global outage, say company concealed info - National | Globalnews.ca

326

CrowdStrike shareholders sue over global outage, say company concealed info - National | Globalnews.ca

@Xatolos@reddthat.com to

Technology@lemmy.worldEnglish • 8 months ago

The lawsuit says CrowdStrike's share price fell 32% in 12 days, wiping out US$25 billion of market value, as the outage's effects became known.

You must log in or register to comment.

HotTopNewOld

Chat

@chaospatterns@lemmy.world
link
fedilink
English
4•
edit-2
8 months ago
Yes fiduciary duty to the shareholder is sometimes misunderstood but this is in scope.

Everything can be securities fraud:

https://archive.is/p2YHV

Or:

https://www.bloomberg.com/opinion/articles/2019-06-26/everything-everywhere-is-securities-fraud
- Kairos
  link
  fedilink
  English
  1•8 months ago
  Loginwall

Technology@lemmy.world

!technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.world

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

415 users / day
2.82K users / week
5.72K users / month
14.3K users / 6 months
1 subscriber
14.3K Posts
605K Comments
Modlog