CrowdStrike stock was reacting to reports of a new legal fight against the cybersecurity company.
Delta Air Lines seeks damages from CrowdStrike and Microsoft for a July software outage. The outage forced Delta to cancel 6,000 flights, potentially costing $350 million to $500 million.
Following a sprawling technological outage this month that forced the cancellation of thousands of flights, Delta Air Lines Inc. is lawyering up to seek compensation from the two companies at the heart of the disruption — cybersecurity firm CrowdStrike Holdings Inc. and Microsoft Corp, according to a report from CNBC.
Analysts estimate that the impact from the cyber outage could be in the hundreds of millions.
Delta has hired prominent attorney David Boies to pursue potential damages from CrowdStrike and Microsoft after a mass outage earlier this month, CNBC's Phil Lebeau reported on Monday. CrowdStrike shares were trading lower in extended trading.
CrowdStrike Holdings (CRWD) concluded the recent trading session at $258.81, signifying a +1.03% move from its prior day's close.
NEW YORK, NY / ACCESSWIRE / July 29, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of CrowdStrike Holdings, Inc. ("CrowdStrike") (NASDAQ:CRWD) concerning possible violations of federal securities laws. The morning of July 19, 2024, a software outage caused massive disruptions across numerous businesses, including banks, airlines, TV stations, healthcare providers, and hotels.
LOS ANGELES, CA / ACCESSWIRE / July 29, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CrowdStrike Holdings, Inc. ("CrowdStrike" or "the Company") (NASDAQ:CRWD) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
By now, you've probably heard about the massive technology outage that CrowdStrike (NASDAQ: CRWD ) recently caused. Computers went down in airline terminals, schools and hospitals.
NEW YORK, NY / ACCESSWIRE / July 29, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of CrowdStrike Holdings, Inc. ("CrowdStrike") (NASDAQ:CRWD) concerning possible violations of federal securities laws. The morning of July 19, 2024, a software outage caused massive disruptions across numerous businesses, including banks, airlines, TV stations, healthcare providers, and hotels.
NEW YORK, NY / ACCESSWIRE / July 29, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of CrowdStrike Holdings, Inc. ("CrowdStrike") (NASDAQ:CRWD) concerning possible violations of federal securities laws. The morning of July 19, 2024, a software outage caused massive disruptions across numerous businesses, including banks, airlines, TV stations, healthcare providers, and hotels.
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