Delta Airlines Prominent attorney David Boies has been hired to seek damages mass strike and Microsoft A power outage this month crashed millions of computers and canceled thousands of flights.
CrowdStrike shares fell 5% in after-hours trading on Monday after CNBC’s Phil Lebeau reported that Delta Air Lines hired Boies, chairman of Schiller Flexner. Little has changed at Microsoft.
July 19th, software update mass strike lead to Microsoft system historic outage, paralyzing many industries. Airlines have been particularly hard hit, with the U.S. Transportation Department last week saying it was investigating Delta Air Lines, which suffered massive flight disruptions and service failures.
mass strike Lost nearly a quarter of its value Concerns about the company’s business arose in the two trading days following the incident.
Although no lawsuit has been filed yet, Delta plans to seek compensation from Microsoft and CrowdStrike, Lebeau reported. Delta Air Lines has not responded to a request for comment.
The outage cost Delta between $350 million and $500 million. Delta Air Lines is processing more than 176,000 refund or reimbursement requests after nearly 7,000 flight cancellations.
Boycein represent The U.S. government launched a landmark antitrust lawsuit against Microsoft and helped win a ruling that overturned California’s same-sex marriage ban. He has also worked with jailed former Hollywood mogul Harvey Weinstein and Theranos founder Elizabeth Holmes, who is currently serving time in prison. prison sentence used to deceive investors.
Insurance startup Parametrix estimated The CrowdStrike incident cost Fortune 500 companies a total of $5.4 billion, not including Microsoft.
