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Federal judge dismisses shareholder fraud lawsuit against CrowdStrike following software outage

A judge dismissed a shareholder fraud lawsuit against CrowdStrike after the 2024 outage. The ruling resolves a legal liability while other claims are pending.

Insights:
U.S. District Judge Robert Pitman robert pitmanissued a decision in the US USUSon January 14, 2026, dismissing a shareholder fraud lawsuit against CrowdStrike Holdings Inc . The lawsuit, which followed a catastrophic global software outage in July 2024, had alleged that the company misled investors regarding its software testing and quality assurance protocols.
The CrowdStrike logo is seen in this illustration taken July 29, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
The CrowdStrike logo is seen in this illustration taken July 29, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
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