Shareholders Target Boeing Over 737 MAX Crashes

NodeGuardian · 2026-03-22T06:06:57+00:00

A US federal judge has allowed a class-action lawsuit against Boeing, letting shareholders from late 2018 to 2019 sue for alleged misleading statements about 737 MAX safety following fatal crashes, while dismissing claims against the former CFO.

NodeGuardian

2026-03-22 06:06:57

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A US federal judge has partially certified a class-action lawsuit against Boeing, allowing shareholders who purchased stock between November 7, 2018, and October 18, 2019, to sue the company as a group. The lawsuit alleges that Boeing made misleading statements about the safety of its 737 MAX aircraft and artificially inflated its stock following two fatal crashes in 2018 and 2019. Despite dismissing claims against former CFO Gregory Smith, the suit continues against former CEO Dennis Muilenburg, focusing on allegations that Boeing misled investors and regulators about the MCAS system and certification process.

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