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

submitted 3 months ago by Xatolos@reddthat.com to c/technology@lemmy.world

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[–] hagelslager@feddit.nl 20 points 3 months ago (2 children)

I hold no love for investors (even though pension funds rely on them, as shown by the lead plaintiff), but this seems pretty warranted if the company makes claims which are contrary to reality.

[–] sunzu@kbin.run 2 points 3 months ago

even though pension funds rely on them, as shown by the lead plaintiff)

Bro. Pension fund is an investor category. A major one after owner class.

[–] daddy32@lemmy.world -1 points 3 months ago

This is called "securities fraud" and I think this would be a straightforward case.