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DOJ, SEC Investigating $32 Million CrowdStrike Deal With Carahsoft

Summary by Bloomberg
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.

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sherwood.newssherwood.news

CrowdStrike shares spring a leak amid DOJ, SEC probes

Prosecutors are looking into CrowdStrike's $32 million deal with a tech distributor to sell security tools to the IRS....

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BloombergBloomberg

DOJ, SEC Investigating $32 Million CrowdStrike Deal With Carahsoft

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.

·United States
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Wall Street PitWall Street Pit

CrowdStrike Stock Slips as DOJ, SEC Probe IRS Deal - Wall Street Pit

CrowdStrike (CRWD) shares fell 4% to $418.66 after a Bloomberg report revealed a DOJ and SEC investigation into a $32 million deal with Carahsoft Technology for IRS cybersecurity tools that was paid but never purchased. The probe focuses on the transaction’s end-of-quarter timing in 2023, which boosted a 10% stock…

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Bloomberg broke the news in United States on Friday, February 21, 2025.
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