Investigation in Progress — No Complaint Filed Yet
BG&G is actively investigating potential securities fraud claims against CrowdStrike Holdings, Inc.. If a complaint is filed, this page will be updated. Investors are encouraged to contact us now to preserve their rights.
Why Is CrowdStrike Holdings, Inc. (CRWD) Under Investigation?
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of CrowdStrike Holdings, Inc. (“CrowdStrike” or “the Company”) (NASDAQ: CRWD). Investors who purchased CrowdStrike securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether CrowdStrike has violated federal securities laws.
What Potential Securities Violations Is BG&G Investigating?
On February 21, 2025, Bloomberg News reported that “US prosecutors and regulators are investigating a $32 million deal between CrowdStrike Holdings Inc. and a technology distributor to provide cybersecurity tools to the Internal Revenue Service, according to two people familiar with the matter and a document seen by Bloomberg News.” The article reported, in relevant part: “Carahsoft Technology Corp. paid CrowdStrike for the deal that the cybersecurity firm closed on the last day of a fiscal quarter in 2023, but the IRS never purchased the products, Bloomberg first reported in October. The transaction under investigation was big enough that it could have made the difference between CrowdStrike beating or missing Wall Street projections for the period, although the Austin, Texas-based company has declined to detail how it accounted for the deal. The day after CrowdStrike reported results for the record quarter, its shares rose 10%.” On this news, Crowdstrike’s stock price fell $29.46 per share, or 6.75%, to close at $406.68 per share on February 21, 2025.
What’s Next?
If you are aware of any facts relating to this investigation or purchased CrowdStrike securities, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660
How Did CrowdStrike Holdings, Inc. (CRWD) Stock React?
How Does BG&G Help Investors in Securities Fraud Investigations?
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”