icon
icon
icon
icon
🏷️$300 Off
🏷️$300 Off

News /

Articles /

A U.S. district court judge has ruled that Boeing (BA.US) must face a shareholder class action lawsuit.

Market IntelSunday, Mar 9, 2025 8:50 pm ET
1min read

A U.S. federal judge ruled last Friday that Boeing (BA.US) must face a shareholder class action lawsuit that alleges the company inflated its commitment to manufacturing safe planes and deceived investors. Specifically, the judge, Leonie Brinkema, allowed shareholders led by the treasurer of Rhode Island to sue Boeing as a group for damages. These shareholders held Boeing stock from January 7, 2021, to January 8, 2024. In January 2024, an emergency door on a Boeing 737 MAX 9 aircraft operating for Alaska Airlines fell off, causing an in-flight emergency. This incident led to the U.S. Federal Aviation Administration restricting production of Boeing's most popular aircraft and reviewing the company's safety measures.The Boeing shareholders argued that misleading comments about aircraft safety made by the company after two fatal crashes of its 737 MAX planes in October 2018 and March 2019 had inflated its stock price. The shareholders had hoped the class action lawsuit would begin in 2019. However, Leonie Brinkema ruled that the class action lawsuit should begin after Boeing resolves a criminal case brought by the U.S. Department of Justice regarding the safety of the 737 MAX planes.

Comments

Add a public comment...
Post
User avatar and name identifying the post author
Julia Fredrick
03/10

Most times having knowledge or insight about a particular activity can has well been a pleasing exercise. I can boldly say that crypto and forex trading is one of the profitable money exchange services that elevate investors and their financial status.
Indeed I've read several critiques about catherine E. Russell tactics on Facebook, she is skilled in must sector.

0
Reply
User avatar and name identifying the post author
AxGGG
03/10
@Julia Fredrick Yessir
0
Reply
User avatar and name identifying the post author
pimppapy
03/10
$BA this stock is really bad, big time
0
Reply
User avatar and name identifying the post author
Certain-Dragonfly-22
03/10
$BA hit $89 beating Covid dips
0
Reply
User avatar and name identifying the post author
falcongrinder
03/10
$BA under 150
0
Reply
User avatar and name identifying the post author
Nichix8
03/10
@falcongrinder Think $BA will hit rock bottom soon?
0
Reply
User avatar and name identifying the post author
CyberShellSecurity
03/10
$BA under 150
0
Reply
User avatar and name identifying the post author
Progress_8
03/10
$BA hit $89 beating Covid dips
0
Reply
User avatar and name identifying the post author
jstanfill93
03/10
@Progress_8 I had $BA too, sold early, ngl hit hard seeing it recover. FOMO is real now.
0
Reply
User avatar and name identifying the post author
Nichix8
03/10
@Progress_8 How long you held $BA? Was it a buy-and-hold or did you sell at some point?
0
Reply
User avatar and name identifying the post author
WellWe11Well
03/10
$BA it seems nonsense will continue this week too but it's trading at the strike level which doesn't make sense either I still think tariff is no big deal for Boeing the best boost might be if Trump gets a big contract for Boeing since Comac isn't a threat yet for the Boeing Airbus monopoly
0
Reply
User avatar and name identifying the post author
mayorolivia
03/10
@WellWe11Well Think Trump contract could move the needle?
0
Reply
User avatar and name identifying the post author
Debbie
03/10

Investing in assets like Bitcoin or stocks provides a way to build wealth over time. Stocks allow you to invest in established companies, benefiting from their growth and success, while Bitcoin offers a new-age investment for those seeking high growth potential. Real estate, known for its stability, provides long-term value and income generation, and commodities like gold act as hedges during market downturns. Message her 👍 WhatsApp +1 (223)2837368.Diana Goulding.


0
Reply
User avatar and name identifying the post author
ethereal3xp
03/10
@Debbie 👍
0
Reply
User avatar and name identifying the post author
QuantumQuicksilver
03/10
$BA might drop to $90
0
Reply
User avatar and name identifying the post author
AdCommercial3174
03/10
@QuantumQuicksilver Where do you see support?
0
Reply
User avatar and name identifying the post author
Certain-Dragonfly-22
03/10
$BA shakes out the weak hands
0
Reply
User avatar and name identifying the post author
GoStockYourself
03/10
@Certain-Dragonfly-22 What's your target for $BA?
0
Reply
User avatar and name identifying the post author
birdflustocks
03/10
@Certain-Dragonfly-22 True, $BA got rid of weak hands.
0
Reply
User avatar and name identifying the post author
ken119
03/10

Don't invest blindly in stocks or crypto when you do not have a proper guide. I lost 30k trying to trade on my own but ever since Mrs Elizabeth Towles stepped in, I have been making huge profits. I made over 450k since October. She is always available to tell you more about investing and give a guide on how to trade visit her on WhatsApp +1(563)279-8487

0
Reply
User avatar and name identifying the post author
BeefMasters1
03/10
@ken119 Makes sense
0
Reply
User avatar and name identifying the post author
Andrew ford
03/10

I never believed initially that it'll be so successful investing bitcoin and stocks with Mr Harold Kendrick, despite the fact I invested a little amount as a beginner, I'm so glad I withdraw my $31,000 profit successfully. Contact  him directly ᴏɴ Watsap+  44 7407600166

1
Reply
User avatar and name identifying the post author
JobuJabroni
03/10
@Andrew ford 😂
0
Reply
User avatar and name identifying the post author
krogerCoffee
03/10
Boeing's safety checks under FAA microscope now.
0
Reply
User avatar and name identifying the post author
Liteboyy
03/10
What's good, folks? Just another day in the wild ride of the stock market jungle. 🌍📈
0
Reply
User avatar and name identifying the post author
SISU-MO
03/10
@Liteboyy Cool
0
Reply
User avatar and name identifying the post author
GlobalEvent6172
03/10
Class action lawsuits are like grey hairs—inevitable. How's everyone hedging their bets on $BA?
0
Reply
Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.
You Can Understand News Better with AI.
Whats the News impact on stock market?
Its impact is
fork
logo
AInvest
Aime Coplilot
Invest Smarter With AI Power.
Open App