Nigeria's leading finance and market intelligence news report.

Shareholders sue Boeing over loss of stock value, deceit

…accuse plane-maker of putting profitability and growth ahead of airplane safety and honesty

Boeing

Troubles of plane maker, Boeing, are far from over, as shareholders of the company on Tuesday filled a new lawsuit accusing the company of defrauding shareholders by concealing safety deficiencies in its 737 MAX planes before two fatal crashes led to the worldwide grounding of the aircraft. The proposed class action filed in Chicago federal…

or to read full article

Comments are closed, but trackbacks and pingbacks are open.