Xatolos@reddthat.com to

Technology@lemmy.worldEnglish · 4 months ago

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

320

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

Xatolos@reddthat.com to

Technology@lemmy.worldEnglish · 4 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.

Chat

chaospatterns@lemmy.world
link
fedilink
English
arrow-up
4·
edit-2
4 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@lemmy.today
  link
  fedilink
  English
  arrow-up
  2
  arrow-down
  1·
  4 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: [email protected]

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 another!
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, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

3.63K users / day
10.3K users / week
17.1K users / month
33K users / 6 months
288 local subscribers
59.6K subscribers
12.7K Posts
549K Comments
Modlog