CrowdStrike's legal troubles from last month's massive global computer outage deepened on Monday, as the cybersecurity company was sued by air travelers whose flights were delayed or canceled.

CrowdStrike's legal troubles from last month's massive global computer outage deepened on Monday, as the cybersecurity company was sued by air travelers whose flights were delayed or canceled.

The July outage caused by the bug in the company’s Falcon software delayed thousands of flights, broke back-end systems and rendered laptops temporarily unusable.

Austin-based CrowdStrike’s worldwide outage last month now has the company staring down a barrage of escalating legal issues. On Monday, the cybersecurity company was sued by airline passengers ...

Nearly a year after CrowdStrike's botched cybersecurity update crippled airlines, banks and hospitals for hours, the company is still reeling from the fallout.

CrowdStrike CEO George Kurtz indicated that the cybersecurity outfit is confident in its finances as it faces a government inquiry.

Crowdstrike's growth outlook is very healthy, driven by strong customer adoption of its Falcon Platform.

CrowdStrike was on track on lose nearly $6 billion from its market value of about $122 billion. The company reported a first-quarter loss on Tuesday, compared with a year-ago profit.