Tagged: Boeing shareholder suit settlement

Boeing Settles Shareholder Litigation and Agrees to Reforms (Part IV of IV)

Boeing Settles Shareholder Litigation and Agrees to Reforms (Part IV of IV)

The crushing aftermath of the tragic 737 MAX scandal is disturbing at the least.  Innocent lives were lost because of Boeing’s culture misfires, poor leadership at the management and board level, and an arrogant disregard for the impact of safety concerns. Boeing’s 737 MAX fleet was grounded for twenty months, until November 18, 2020.  Boeing was ordered by the FAA to cure the defects in...