Case Background:
This is a federal securities fraud class action lawsuit on behalf of those who purchased or otherwise acquired The Boeing Company (“Boeing”) (NYSE: BA) securities between November 7, 2018 and December 16, 2019, inclusive (the “Class Period”).
The complaint alleges that, throughout the Class Period, Defendants misled investors about the financial prospects for its commercial airplanes by misstating and concealing information about safety problems with the 737 MAX in the wake of investigations after multiples crashes in 2018 and 2019.
Current Status of Case:
On September 30, 2024, the Court denied the vast majority of Defendants’ claims in their Motion to Dismiss. On February 7, 2025, Plaintiffs filed the Motion for Class Certification, which is currently pending before the Court. This action is in the discovery phase and remains ongoing.
For more information on the case and Court’s Order granting in part and denying in part Defendants’ Motion to Dismiss, please visit our website at https://www.ktmc.com/featured-case/boeing-company.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.