Boeing must face shareholder class action following MAX 9 blowout

Reuters

03-08

Boeing must face shareholder class action following MAX 9 blowout

March 7 (Reuters) - A federal judge on Friday certified a class action accusing Boeing BA.N of prioritizing profit over safety and overstating its commitment to safe aircraft, prior to the January 2024 mid-air cabin panel blowout on an Alaskan Airlines 737 MAX 9.

U.S. District Judge Leonie Brinkema in Alexandria, Virginia, said shareholders led by Rhode Island's state treasurer who owned Boeing stock between January 7, 2021 and January, 8, 2024 may sue as a group for damages.

(Reporting by Jonathan Stempel in New York; Editing by Sandra Maler)

((jon.stempel@thomsonreuters.com; +1 646 223 6317; Reuters Messaging: jon.stempel.thomsonreuters.com@reuters.net))

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(Reporting by Jonathan Stempel in New York; Editing by Sandra Maler) ((jon.stempel@thomsonreuters.com; +1 646 223 6317; Reuters Messaging: jon.stempel.thomsonreuters.com@reuters.net))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory,event","news_rank":0,"symbols":[],"gpt_button":0}}}