Edelson Lechtzin LLP Announces Investigation Of Potential Securities Fraud Claims Against CrowdStrike Holdings, Inc. (NASDAQ: CRWD)

/EIN News/ -- NEWTOWN, Pa., July 30, 2024 (GLOBE NEWSWIRE) -- Edelson Lechtzin LLP, a leading class action law firm, is investigating securities fraud and breach of fiduciary duty claims on behalf of investors in CrowdStrike Holdings, Inc. (NASDAQ: CRWD) common stock.

CrowdStrike investors with substantial losses and witnesses with non-public information about the massive IT outage are urged to call Edelson Lechtzin LLP at 844-696-7492 or by e-mail at elechtzin@edelson-law.com. You can also submit your trading information online HERE.

Why is there an investigation?

On Friday, July 19, 2024, the global cybersecurity company released a faulty software update that caused the largest IT outage in history. The CrowdStrike software glitch disrupted numerous businesses worldwide, including airlines, healthcare companies, and banks. As a result of this incident, the price of CrowdStrike common stock plummeted from $343.05 per share on July 18, 2024, to close at $304.96 per share on July 19, 2024. The selloff continued on the next trading day, with the price of CRWD stock closing at $263.91 per share on July 22, 2024.

About Edelson Lechtzin LLP

Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving securities and investment fraud, our lawyers focus on cases alleging violations of the federal antitrust laws, breaches of ERISA fiduciary duties, wage theft, consumer fraud, and data breaches.

Contact information:

Marc H. Edelson, Esq.
Eric Lechtzin, Esq.
EDELSON LECHTZIN LLP
411 S. State Street, Suite N-300
Newtown, PA 18940
Phone: 844-696-7492
Email: medelson@edelson-law.com
Email: elechtzin@edelson-law.com  
Web: www.edelson-law.com

This press release may be considered Attorney Advertising in some jurisdictions. No class has been certified in this case, so you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. Your ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.