CrowdStrike Falls as Delta Reportedly Hires Top Lawyer to Seek Outage Damages
CRWDCrowdStrike(CRWD) Investopedia·2024-07-30 20:41

KEY TAKEAWAYS CrowdStrike shares are falling following a CNBC report that Delta Air Lines has hired top attorney David Boies to pursue potential damages from the cybersecurity firm as well as Microsoft following the global IT outage on July 19. Boies, chairman of Boies Schiller Flexner, represented the U.S. government in its antitrust case against Microsoft and helped secure same-sex marriage rights in California. Delta was the most heavily impacted of the major airlines from the outage that led to thousand ...