CrowdStrike shareholders have filed a proposed class action lawsuit against the cybersecurity company, alleging it defrauded them after a faulty software update caused a global IT outage.

Admittedly, CrowdStrike stumbled last July when it sent out a faulty software update that caused the largest IT outage in history. That's not something any company wants on its resume, but it ...

CrowdStrike projects an additional $43 million in costs due to some deal packages offered in its wake. The outage has also weighed on free cash flow margins, which CrowdStrike said on a conference ...