US appeals court revives Boeing 737 MAX shareholder suit | Malay Mail

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WASHINGTON, Jan 8 — A US appeals court yesterday revived a pension plan’s 2019 shareholder lawsuit against Boeing Co officers and directors alleging they had made false public statements about the 737 Max. The plane was involved in two crashes that killed 346 people over a five-month period and...

WASHINGTON, Jan 8 — A US appeals court yesterday revived a pension plan’s 2019 shareholder lawsuit against Boeing Co officers and directors alleging they had made false public statements about the 737 Max.

The Seafarers Pension Plan filed a lawsuit alleging that current and former Boeing officers and board members made false and misleading statements about the 737 MAX in proxy materials from 2017 through 2019. The suit seeks damages from these people on behalf of the company.

 

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