Cybersecurity firm CrowdStrike sued over global IT outage [Video]

CrowdStrike chief executive George Kurtz said the tech firm is “deeply sorry” for the issue and the global disruption it caused.

But now the company has found itself in hot water again with shareholders furious about the previous pandemonium.

Lawyers have since claimed CrowdStrike defrauded investors by concealing flaws with its software testing and have filed a case against them in court.

The lawsuit, filed in Austin, US, this week, alleges the firm’s “assurances about its technology were materially false and misleading”.

The papers also state that CrowdStrike’s share price plummeted 32 per cent in the 12 days following the global outage, wiping out $25bn (£19bn) of its market value.

The legal complaint quotes statements by Mr Kurtz during a conference call in March, in which he described the company’s software as “validated, tested and certified”.

A spokesperson for CrowdStrike, which is based in Texas, said: “We believe this case lacks merit …