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  • 18

Boeing sued by shareholders for fraud after deadly 737 crashes

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Boeing is facing a lawsuit from shareholders who allege the aerospace giant defrauded them by failing to disclose safety issues with the 737 Max planes, which were grounded worldwide following two deadly crashes. (www.msn.com) More...

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KobeHunte
Kobe Hunte 3
all their problems are kind of unraveling every day. Ouch.
imtxsmoke
Jeffrey Bue 1
Boeing involved in a law-suit over the Max?? Who'd of thought? :)
gcottay
George Cottay 1
The premise of the suit is interesting.

'The company and its top executives "effectively put profitability and growth ahead of airplane safety and honesty," the lawsuit alleges.'
Cansojr
Cansojr 0
A lawsuit against against an airline. Make no mistake I am on the side of the survivors. It will be difficult to win this case. The parties bring the suit have to provide criminal intent...in other words they have to prove Boeing planned these crashes or that criminal intent will be very hard to prove. You need a motive. Boeing didn't plan this at all so there is no motive. How successful would you be if your product crashes a lot.
wwharris
Bill Harris 3
This is a civil suit, not a criminal prosecution. Intent and motive aren't necessary elements; negligence is.
Cansojr
Cansojr 0
Thanks for clarifying the legal side of the accident.
KobeHunte
Kobe Hunte 1
how could they plan for a crash they didnt expect?
yr2012
matt jensen 1
No a defective part will do it

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