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Burke et al v. The Boeing Company et al

  1. November 12, 2020

    Boeing Dodges Retirement Savers' Inflated-Stock Claims

    An Illinois federal judge on Thursday threw out a group of Boeing retirement plan participants' claims that the company unlawfully inflated its stock price by hiding issues with its 737 Max jets, but gave them another chance to plead their case.

  2. September 02, 2020

    Retirement Savers Slam Boeing's Bid To Exit ERISA Suit

    Participants in a Boeing retirement plan have urged an Illinois federal judge not to toss their class action claiming the company harmed them by concealing safety issues with its 737 Max jets, which were involved in two fatal crashes, saying it should have disclosed the problem sooner.

  3. March 03, 2020

    Boeing Seeks To Ground ERISA Suit Alleging Safety Cover-Up

    Boeing has told an Illinois federal judge it shouldn't have to face a stock-drop case from retirement plan participants accusing it of concealing safety issues with its 737 Max jets involved in two fatal crashes, arguing that the aviation giant wasn't responsible for managing their investments in the company.

  4. July 17, 2019

    Boeing, Plan Participants Want Stock-Drop Case Paused

    Boeing and a group of participants in its retirement plan want a federal court to temporarily halt a stock-drop suit over the company's supposed knowledge of safety problems with its 737 Max jets until the U.S. Supreme Court decides a similar suit brought by IBM workers who claim their retirement savings shouldn't have been parked in overvalued IBM stock.

  5. April 01, 2019

    Boeing Faces ERISA Stock-Drop Suit Over Fatal Crashes

    Two participants in a Boeing employee retirement plan have launched a stock-drop suit in Illinois federal court that alleges the aviation giant sat on knowledge of safety problems with its 737 MAX jets, which were involved in two deadly crashes and have now been grounded.