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 October 18, 2019, inclusive (the “Class Period”).
Boeing is the world’s largest aerospace company and one of the leading manufacturers of commercial jetliners. In a push to stave off competition in the development of a fuel-efficient jet, Boeing rushed to get to market its “new” aircraft, which was an updated version of the decades-old Boeing 737, now called the 737 MAX. In its haste to develop and market the 737 MAX, Boeing deliberately concealed safety risks with the updated airliner from regulators.
On October 29, 2018, the 737 MAX being flown by Lion Air malfunctioned and crashed, killing 189 people. While Boeing repeatedly assured the public that the 737 MAX was safe to fly, internally, the company was quietly overhauling the airliner’s systems in an attempt to reduce the risk of another fatal malfunction. Despite Boeing’s reassurances to the public, on March 10, 2019 another 737 MAX, this time operated by Ethiopian Airlines, experienced malfunctions before crashing and killing 157 people.
Even as regulators and Congress investigated the crashes, Boeing continued to tout to the public that the 737 MAX would return to operation while concealing the full extent of the airliner’s safety issues.
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 March 16, 2026, the Court granted in part and denied in part Lead Plaintiffs’ Motion for Class Certification. This action is ongoing.
For more information on the case and Court’s Order granting in part and denying in part Lead Plaintiffs’ Motion for Class Certification, please visit our website at https://www.ktmc.com/featured-case/boeing-company.
If you wish to discuss this action or have any questions, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; 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.
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:
Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.