January 26, 2021
Boeing said Monday that investors cannot rely on the company's recent $2.5 billion settlement with the U.S. Department of Justice to bolster their proposed securities fraud class action alleging Boeing intentionally hid the 737 Max's safety problems and deceived them.
August 17, 2020
Boeing investors say the company should face class claims of inflating its stock price by misrepresenting the Max 8 jet's safety because its alleged misstatements came at a time when the aerospace giant knew investors were "laser-focused" on that issue.
July 01, 2020
Boeing pushed an Illinois federal judge to toss a proposed securities class action accusing the company of hiding safety problems in its 737 Max 8 jets, arguing Tuesday that while the shareholders bring "an avalanche of allegations," none of the purported misstatements show that Boeing intentionally misled investors.
December 17, 2019
An institutional investor tapped to lead a suit accusing Boeing of hiding safety problems with its 737 Max jets lambasted a request by one of its failed competitors for the top role to redo the lead plaintiff process, calling the challenger's late disclosures proof of its ineptitude.
December 09, 2019
A family represented by Kahn Swick & Foti LLP that claims it lost almost $5 million because of Boeing's 737 Max crisis has urged an Illinois federal judge to rethink his appointment of lead plaintiff and counsel, saying the court relied on "deeply misleading" information to award lead plaintiff status.
November 18, 2019
Bernstein Litowitz Berger & Grossmann LLP will lead a proposed class of investors accusing Boeing of hiding safety problems in its grounded 737 Max jets and sending the company's stock price plummeting, according to an Illinois federal court order on Friday.
July 22, 2019
Pension funds and investors represented by Hagens Berman, Robbins Geller, Bernstein Litowitz and others are jockeying for lead status in a proposed class action accusing Boeing of hiding safety problems in its grounded 737 Max jets and sending the aerospace giant's stock price plummeting.
June 10, 2019
Levi & Korsinsky LLP pushed unopposed for the top spot in an investor's proposed class action accusing Boeing of hiding safety problems with its 737 Max jets, telling an Illinois federal court Friday that it is well qualified to represent a class of investors as lead counsel.
April 09, 2019
A Boeing investor lodged a stock-drop suit Tuesday in Illinois federal court similar to one brought in the same court last week alleging the aerospace behemoth hid safety problems with its 737 MAX jets, which were recently grounded after being involved in two deadly crashes.