US probes CrowdStrike bosses in Carahsoft IRS deal

CrowdStrike Faces Federal Investigation: Stock Tumbles Amid Government Probe into $32M IRS Deal - NewsWatchTV

By: Bryan Tropeano CrowdStrike, a leading name in cybersecurity, saw its stock tumble this week following reports of a federal investigation into a major government contract. The probe centers around a $32 million software deal tied to the Internal Revenue Service (IRS), sparking investor concerns about the company’s business practices and future government partnerships. What We Know About the Investigation According to sources close to the matt…

US probes CrowdStrike bosses in Carahsoft IRS deal

In recent months, investigators with the Justice Department and the Securities and Exchange Commission have been probing the transaction between CrowdStrike and the distributor, Carahsoft Technology Corp., to supply cybersecurity software to the Internal Revenue Service.