financetom
Business
financetom
/
Business
/
Update: Market Chatter: DOJ, SEC Probe Role of CrowdStrike Execs in Carahsoft Deal
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Market Chatter: DOJ, SEC Probe Role of CrowdStrike Execs in Carahsoft Deal
May 26, 2025 5:06 AM

09:28 AM EDT, 05/09/2025 (MT Newswires) -- (Updates with CrowdStrike's ( CRWD ) response in the third paragraph.)

Investigators with the US Department of Justice and Securities and Exchange Commission investigating a $32 million deal between CrowdStrike Holdings ( CRWD ) and Carahsoft Technology are looking into what senior executives may have known about it, Bloomberg reported Friday, citing two people familiar with the matter.

The DOJ and SEC have in recent months been investigating the the deal between the two companies to supply the Internal Revenue Service with cybersecurity software, according to the report. Carahsoft made on-time payments for the order, according to CrowdStrike ( CRWD ), but the IRS never bought or received the products, Bloomberg reported.

"As we have stated previously, we stand by the accounting of the transaction," a CrowdStrike ( CRWD ) spokesperson told MT Newswires via email.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Fti Consulting Insider Sold Shares Worth $1,476,249, According to a Recent SEC Filing
Fti Consulting Insider Sold Shares Worth $1,476,249, According to a Recent SEC Filing
Mar 6, 2024
11:16 AM EST, 03/06/2024 (MT Newswires) -- Claudio Costamagna, Director, on March 05, 2024, sold 7,059 shares in Fti Consulting ( FCN ) for $1,476,249. Following the Form 4 filing with the SEC, Costamagna has control over a total of 32,860 shares of the company, with 32,860 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/887936/000088793624000028/xslF345X03/wk-form4_1709741495.xml Price: 207.90, Change: -0.06, Percent Change: -0.03...
National Bank of Canada Notes MAG Silver's 2024 Juanicipio Guidance
National Bank of Canada Notes MAG Silver's 2024 Juanicipio Guidance
Mar 6, 2024
11:22 AM EST, 03/06/2024 (MT Newswires) -- National Bank of Canada noted Tuesday MAG Silver Corp. (MAG.TO)'s 2024 guidance for the Juanicipio mine in Mexico. MAG outlined silver grades at 380 g/t to 420 g/t with a throughput of 91% of the 4,000-tonne-per-day nameplate. The guidance implies production of 18.5 million ounces of silver, the bank said. National Bank ascribed...
NTSB says Boeing has not provided some information sought in 737 MAX 9 probe
NTSB says Boeing has not provided some information sought in 737 MAX 9 probe
Mar 6, 2024
(Reuters) - The head of the National Transportation Safety Board said Wednesday Boeing has not provided some documents and information sought in its ongoing investigation into the Jan. 5 Alaska Airlines 737 MAX 9 mid-air emergency. NTSB Chair Jennifer Homendy said investigators have sought the names of the 25 people that work on door plugs at a Boeing ( BA...
Why Is Thor Industries Stock Diving After Q2 Results?
Why Is Thor Industries Stock Diving After Q2 Results?
Mar 6, 2024
Thor Industries, Inc. ( THO ) shares are trading lower on Wednesday. The company reported second-quarter earnings per share of 34 cents, missing the analyst consensus of 67 cents.  Quarterly revenues of $2.207 billion missed the consensus estimate of $2.267 billion. North American Towable RV net sales were down 11.9% for the second quarter, while North American Motorized RV net sales decreased 22.8%....
Copyright 2023-2026 - www.financetom.com All Rights Reserved