A shareholder lawsuit filed on Monday accused Boeing Co's board of doing no...
- A shareholder lawsuit filed on Monday accused Boeing Co’s board of doing nothing to investigate the safety of the 737 MAX until the fast-selling plane suffered a second deadly crash in five months.
The 737 MAX has been grounded worldwide since the Ethiopian crash as Boeing seeks regulatory approval for updates to software believed to have played a role in both crashes. The lawsuit is a so-called derivative complaint, meaning the shareholder seeks to act on behalf of the corporation to hold the directors and officers liable.
Boeing is already defending itself against lawsuits by families of passengers killed in the crashes, by shareholders over the drop in the stock price and by pilots over lost pay.
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