this post was submitted on 01 Aug 2024
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325
CrowdStrike shareholders sue over global outage, say company concealed info - National | Globalnews.ca (globalnews.ca)
submitted 1 month ago by Xatolos@reddthat.com to c/technology@lemmy.world
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[–] hagelslager@feddit.nl 20 points 1 month 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 1 month 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 1 month ago

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