Delta Air Lines has enlisted the help of high-profile attorney David Boies to seek damages from CrowdStrike and Microsoft following a significant software outage earlier this month. This outage, which stemmed from a CrowdStrike update on July 19, led to widespread disruptions in Microsoft systems, causing thousands of flight cancellations and affecting multiple industries.

Key Points:

- Attorney Hired: David Boies, known for his work on landmark cases, has been hired to represent Delta.

- Shares Impacted: CrowdStrike shares dropped by up to 5% in extended trading.

- Financial Losses: The outage has cost Delta an estimated $350 million to $500 million, with over 176,000 refund requests due to nearly 7,000 canceled flights.

- No Lawsuit Yet: While Delta plans to seek compensation, no lawsuit has been filed at this time.

This outage resulted in a significant financial hit for Delta and a broader impact estimated at $5.4 billion for Fortune 500 companies. The Department of Transportation is investigating the incident, with airlines being among the hardest hit.

Stay tuned for more updates on this developing story.