[S]hareholders said they learned that CrowdStrike’s assurances about its technology were materially false and misleading when a flawed software update disrupted airlines, banks, hospitals and emergency lines around the world.
I don’t see how they can make this argument.
Falcon is a kernel module. When kernel modules fuck up, you get kernel panics.
Sure, the layperson may not know enough about computers to recognize this, but it’s a basic enough fact about operating systems that an investor in a company like this should take the time to learn. It’s not like they hid that fact.
If you invested in a company without knowing how their product works, that’s on you.