Class Alleges Boeing Failed To Disclose Truth About 737’s Safety Problems

Mealey's (April 29, 2019, 2:12 PM EDT) -- CHICAGO — Participants in the Boeing Voluntary Investment Plan on March 31 filed a class action in a federal district court alleging that Boeing and its plan fiduciaries’ failure to publicly disclose the truth about the company’s 737 Max aircraft’s safety problems left the public unaware and led to inflation of the company’s stock price (Diane Burke, et al. v. The Boeing Company, et al., No. 19-02203, N.D. Ill.)....

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