NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against CrowdStrike Holdings, Inc. (“CrowdStrike” or the “Company”) (NASDAQ: CRWD) on behalf of CrowdStrike stockholders. Our investigation concerns whether CrowdStrike has violated the federal securities laws and/or engaged in other unlawful business practices.

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Early in the morning of July 19, 2024, a software outage caused massive disruptions across numerous businesses, including banks, airlines, TV stations, healthcare providers, and hotels. The outage was quickly linked to a software update issued by CrowdStrike on Microsoft Windows systems. In a public statement, CrowdStrike's Chief Executive Officer acknowledged the Company's responsibility for the incident, stating: "We're deeply sorry for the impact that we've caused to customers, to travelers, to anyone affected by this."

As media outlets reported on the outage, CrowdStrike's stock price fell $38.05 per share, or 11.09%, to close at $305.00 per share on July 19, 2024.

If you purchased or otherwise acquired CrowdStrike shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information:

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com