CrowdStrike says not to blame for Delta’s meltdown, WSJ reports

CrowdStrike (CRWD) says it isn’t to blame for Delta’s (DAL) meltdown following the tech outage caused by the company and that it isn’t responsible for all of the $500M the carrier says it lost during the period, The Wall Street Journal’s Alison Sider reports. In a letter responding to Delta’s recent comments and the hiring of a prominent lawyer, CrowdStrike said Delta’s threats of a lawsuit have contributed to a “misleading narrative” and that “Should Delta pursue this path, Delta will have to explain to the public, its shareholders, and ultimately a jury why CrowdStrike took responsibility for its actions-swiftly, transparently, and constructively-while Delta did not.” Delta has alerted CrowdStrike and Microsoft (MSFT) that it is planning to pursue legal claims to recover its losses, and has hired litigation firm Boies Schiller Flexner to assist, according to a memo CEO Ed Bastian sent to Delta employees last week. CrowdStrike said Sunday that its liability is contractually capped at an amount in the “single-digit millions” and that it will respond aggressively to any litigation.