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International Business Times
International Business Times
Kiran Tom Sajan

CrowdStrike Faces Shareholder Lawsuit Over Global Outage

CrowdStrike's software update caused widespread disruptions to airlines, banks, hospitals, and emergency services globally (Credit: AFP)

CrowdStrike is facing a lawsuit from shareholders who claim the company misled them about the reliability of its software, leading to a significant global outage on July 19 that affected more than eight million computers.

The proposed class action was filed late Tuesday in the Austin, Texas federal court, according to Reuters.

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