Boeing Shareholders Are Suing the Company, Claiming it Put Safety At Risk in a Reckless Pursuit of Profits that Ended in the 2 Fatal 737 Max Crashes
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- Boeing's problems continue to mount after shareholders launched a legal challenge, claiming they were defrauded over the 737 Max's safety deficiencies.
- The lawsuit alleges securities fraud violations after the company's stock plummeted $34 billion since a fatal crash in Ethiopia last month, the second of two.
- Boeing "effectively put profitability and growth ahead of airplane safety and honesty," according to the filing at a Chicago federal court, as reported by Reuters...