Seeks v. The Boeing Company

  1. June 09, 2025

    Boeing Investors Want Class Cert. In 737 Max Fraud Suit

    Investors suing Boeing over claims that the company harmed them by misrepresenting the 737 Max's safety have urged an Illinois federal judge to certify their proposed class, arguing that the case has common enough allegations and a sufficient damages model to warrant the judge's sign-off.

  2. April 28, 2025

    Boeing Rips Investors' Class Cert. Bid In 737 Max Fraud Suit

    Boeing has told an Illinois federal judge that pension funds and private investors cannot certify a sweeping class action seeking a "jaw-dropping" $15 billion in damages by alleging Boeing repeatedly misrepresented the overall safety and certification process for the 737 Max 8 jets after two deadly crashes in 2018 and 2019.

  3. October 01, 2024

    Boeing Can't Escape Investors' 737 Max Fraud Suit

    An Illinois federal judge trimmed but refused to toss a proposed securities class action against Boeing over claims that it harmed investors by misrepresenting the 737 Max's safety, pushing back against defendants who wanted him to reach the same conclusion as the suit's previously assigned judge.

  4. April 24, 2024

    Investors Can't Hit Reset In 737 Max Fraud Suit, Boeing Says

    Investors claiming Boeing wiped out billions in stock value by misrepresenting the 737 Max's safety shouldn't be allowed to "effectively hit the reset button" and pursue an amended complaint that relies on statements already deemed inactionable, the aerospace giant argued Wednesday.

  5. December 01, 2023

    Investors Say Boeing Can't Ditch Retooled 737 Max Fraud Suit

    Investors have told an Illinois federal judge that Boeing cannot escape a revamped securities fraud suit seeking to hold it liable for erasing billions in shareholder value by alleging it repeatedly misrepresented the safety of the 737 Max aircraft even after two deadly crashes.

  6. August 23, 2022

    Boeing Investors' Fraud Suit Limited To Ethiopian Air Reaction

    Shareholders looking to hold Boeing liable for securities fraud over alleged 737 Max 8 jet misrepresentations can base their claims on certain statements that followed Ethiopian Air Flight 302's crash in March 2019, but none earlier, an Illinois federal judge said Tuesday.

  7. October 25, 2021

    Boeing Says Ex-Exec's Charges Don't Prove Securities Fraud

    The Boeing Co. is urging an Illinois federal court to ignore a bid by shareholders to include an indictment in the 737 Max case against a former executive as evidence in a securities fraud suit, saying the motion was not authorized and mischaracterizes much of the indictment to make its argument.

  8. October 19, 2021

    Ex-Boeing Exec's Indictment Bolsters Suit, Investors Say

    A proposed class of Boeing investors says the recent criminal charges lodged against a former company executive for allegedly lying to federal regulators about flight controls on the 737 Max jets are more evidence that their lawsuit against the aerospace giant should be allowed to move forward.

  9. January 26, 2021

    Boeing Says Investors Can't Use DOJ Deal To Boost Their Suit

    Boeing said Monday that investors cannot rely on the company's recent $2.5 billion settlement with the U.S. Department of Justice to bolster their proposed securities fraud class action alleging Boeing intentionally hid the 737 Max's safety problems and deceived them.

  10. August 17, 2020

    Boeing Max 8 Safety Claims Not Mere Opinions, Investors Say

    Boeing investors say the company should face class claims of inflating its stock price by misrepresenting the Max 8 jet's safety because its alleged misstatements came at a time when the aerospace giant knew investors were "laser-focused" on that issue.