class IssueWebpackError extends webpack_1.default.WebpackError when running `bin/webpack-dev-server`

[Reico]

Current behavior

I am currently using @rails/webpacker (v5.2.1) to compile my React app with TS
when following the steps here, it kept showing me this error after I run bin/webpack-dev-server

/path/node_modules/fork-ts-checker-webpack-plugin/lib/issue/issue-webpack-error.js:11
class IssueWebpackError extends webpack_1.default.WebpackError {
                                                  ^

TypeError: Class extends value undefined is not a constructor or null
    at Object.<anonymous> (/path/node_modules/fork-ts-checker-webpack-plugin/lib/issue/issue-webpack-error.js:11:51)
    at Module._compile (internal/modules/cjs/loader.js:1068:30)
    at Object.Module._extensions..js (internal/modules/cjs/loader.js:1097:10)
    at Module.load (internal/modules/cjs/loader.js:933:32)
    at Function.Module._load (internal/modules/cjs/loader.js:774:14)
    at Module.require (internal/modules/cjs/loader.js:957:19)
    at require (internal/modules/cjs/helpers.js:88:18)
    at Object.<anonymous> (/path/node_modules/fork-ts-checker-webpack-plugin/lib/hooks/tap-after-compile-to-get-issues.js:14:31)
    at Module._compile (internal/modules/cjs/loader.js:1068:30)
    at Object.Module._extensions..js (internal/modules/cjs/loader.js:1097:10)

has anyone seen this error before?

Expected behavior

Run without error

Steps to reproduce the issue

Issue reproduction repository

Environment

• fork-ts-checker-webpack-plugin: "^7.2.11"
• typescript: "^4.7.3"
• eslint: "^7.8.1"
• webpack: "4.44.1" (as a peer dependency for webpacker)
• os: [e.g. Ubuntu 19.04]

[Piotr Oleś]

As stated in the README.md, version 7 of this plugin requires webpack ^5.11.0. If you want to use webpack 4, you should downgrade to version 6.