LOS ANGELES--(BUSINESS WIRE)--Apr. 10, 2019--
Schall Law Firm, a national shareholder rights litigation firm,
announces that it is investigating claims on behalf of investors of The
Boeing Company (“Boeing” or “the Company”) (NYSE: BA)
for violations of §§10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and
The investigation focuses on whether the Company issued false and/or
misleading statements and/or failed to disclose information pertinent to
investors. Following the October 2018 crash of a Boeing 737 Max 8
airplane operated by Lion Air, the Wall Street Journalpublished
an article titled ''Boeing Withheld Information on 737 Model, According
to Safety Experts and Others,” which alleged that the Company ''withheld
information about potential hazards associated with a new flight-control
feature suspected of playing a role in last month's fatal Lion Air jet
crash.” Over the next 11 days, Boeing’s stock fell by 12.5%. A second
737 Max 8 crash involving an Ethiopian Airlines plane on March 10, 2019,
results in further significant drops in the stock. On March 13, 2019,
the FAA ordered all Boeing 737 Max 8 and Max 9 planes to be grounded in
the United States, and the planes were grounded by authorities in many
other countries as well.
If you are a shareholder who suffered a loss, click
here to participate.
We also encourage you to contact Brian Schall, or Sherin Mahdavian, of
the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA
90067, at 424-303-1964, to discuss your rights free of charge. You can
also reach us through the firm's website at www.schallfirm.com,
or by email at firstname.lastname@example.org.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you
choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder rights
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and rules of ethics.
View source version on businesswire.com:
Source: The Schall Law Firm
The Schall Law Firm
Brian Schall, Esq.
Sherin Mahdavian, Esq.