Boeing Shareholders Can Pursue Class Action over 737 MAX Safety

Judge allows Boeing shareholders to pursue class action over 737 MAX safety issues

Class has accused the airline of concealing safety deficiencies before two deadly crashes

Boeing shareholders can pursue class action over 737 MAX safety

US court grants investor class action over B737 MAX

A US federal judge has partially certified a class-action lawsuit against Boeing by shareholders over alleged misleading statements about the safety of the B737 MAX following two fatal crashes that killed 346 people in 2018 and 2019. The ruling advances claims by pension funds and investors who say the company's executives artificially inflated stock prices. In a ruling on March 18, Judge Franklin U Valderrama of the Illinois Northern District C…

Change Incorporation, Configuration Control, and the High Cost of Getting It Wrong

Editor’s note: Boeing spent years doing rework on the 737 MAX and the 787 after the former’s grounding following two fatal crashes and the latter’s production flaws. “Shadow factories” began the 737’s rework after the 21-month grounding was... Read More The post Change Incorporation, Configuration Control, and the High Cost of Getting It Wrong appeared first on Leeham News and Analysis.

346 People Died In Boeing 737 MAX Crashes — But Shareholders May Get Paid The Most

The people killed in the Boeing 737 MAX crashes were the real victims. But after years of litigation, one of the strongest cases still moving forward is a shareholder fraud suit — raising the uncomfortable possibility that the biggest courtroom payday from the disaster could go not to passengers or their families, but to investors who say Boeing misled the market.