Market Chatter: Boeing to Face Shareholder Class Action Over Aircraft Safety

MT Newswires Live

Mar 10, 2025

A federal judge has certified a class action alleging that plane maker Boeing (BA) previously prioritized profit over safety and overstated its commitment to safe jets, Reuters reported Saturday.

The company's shareholders led by Rhode Island's state treasurer who owned Boeing stock between Jan. 7, 2021, and Jan. 8, 2024, can sue it as a group for damages, the news agency reported, citing US District Judge Leonie Brinkema in Alexandria, Virginia.

Boeing shareholders wanted the class period to start in 2019, though Brinkema said it should commence when the company resolved a criminal case from the US Department of Justice tied to Max safety, according to the report.

Boeing did not immediately respond to MT Newswires' request for comment on the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2518244102"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2518244102\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2518244102?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-10 19:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2518244102","market":"fut","top_or_hot":-1,"title":"Market Chatter: Boeing to Face Shareholder Class Action Over Aircraft Safety","media":"MT Newswires Live","content":"<html><body><p> A federal judge has certified a class action alleging that plane maker Boeing (BA) previously prioritized profit over safety and overstated its commitment to safe jets, Reuters reported Saturday.</p><p>The company's shareholders led by Rhode Island's state treasurer who owned Boeing stock between Jan. 7, 2021, and Jan. 8, 2024, can sue it as a group for damages, the news agency reported, citing US District Judge Leonie Brinkema in Alexandria, Virginia.</p><p>Boeing shareholders wanted the class period to start in 2019, though Brinkema said it should commence when the company resolved a criminal case from the US Department of Justice tied to Max safety, according to the report.</p><p>Boeing did not immediately respond to MT Newswires' request for comment on the matter.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: Boeing to Face Shareholder Class Action Over Aircraft Safety</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: Boeing to Face Shareholder Class Action Over Aircraft Safety\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-03-10 19:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> A federal judge has certified a class action alleging that plane maker Boeing (BA) previously prioritized profit over safety and overstated its commitment to safe jets, Reuters reported Saturday.</p><p>The company's shareholders led by Rhode Island's state treasurer who owned Boeing stock between Jan. 7, 2021, and Jan. 8, 2024, can sue it as a group for damages, the news agency reported, citing US District Judge Leonie Brinkema in Alexandria, Virginia.</p><p>Boeing shareholders wanted the class period to start in 2019, though Brinkema said it should commence when the company resolved a criminal case from the US Department of Justice tied to Max safety, according to the report.</p><p>Boeing did not immediately respond to MT Newswires' request for comment on the matter.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4564","symbol_name":"太空概念","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2518244102","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2518244102","pubTimestamp":1741604923,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"A federal judge has certified a class action alleging that plane maker Boeing  previously prioritized profit over safety and overstated its commitment to safe jets, Reuters reported Saturday.The company's shareholders led by Rhode Island's state treasurer who owned Boeing stock between Jan. 7, 2021, and Jan. 8, 2024, can sue it as a group for damages, the news agency reported, citing US District Judge Leonie Brinkema in Alexandria, Virginia.Boeing shareholders wanted the class period to start in 2019, though Brinkema said it should commence when the company resolved a criminal case from the US Department of Justice tied to Max safety, according to the report.Boeing did not immediately respond to MT Newswires' request for comment on the matter.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4564":"太空概念","BK4187":"航天航空与国防","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4551":"寇图资本持仓","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4585":"ETF&股票定投概念","BA":"波音","BK4588":"碎股","BK4516":"特朗普概念"},"translate_title":"市场热议：波音将因飞机安全面临股东集体诉讼","themeId":"d7b541971fa22ffb9cfa47106734f232","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BA":1},"content_text":"A federal judge has certified a class action alleging that plane maker Boeing (BA) previously prioritized profit over safety and overstated its commitment to safe jets, Reuters reported Saturday.The company's shareholders led by Rhode Island's state treasurer who owned Boeing stock between Jan. 7, 2021, and Jan. 8, 2024, can sue it as a group for damages, the news agency reported, citing US District Judge Leonie Brinkema in Alexandria, Virginia.Boeing shareholders wanted the class period to start in 2019, though Brinkema said it should commence when the company resolved a criminal case from the US Department of Justice tied to Max safety, according to the report.Boeing did not immediately respond to MT Newswires' request for comment on the matter.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","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":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}