Reported 1 day ago
A federal judge has approved a class action lawsuit against Boeing for allegedly prioritizing profit over safety, following a cabin panel blowout incident on an Alaska Airlines 737 MAX 9 in January 2024. Shareholders claim Boeing misled them about its commitment to safety, which inflated stock prices after previous crashes in 2018 and 2019. The judge ruled the lawsuit can proceed, allowing harmed shareholders to seek damages collectively.
Source: YAHOO