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Case Status:    ONGOING    
On or around 09/14/2020 (Date of last review)

Filing Date: April 08, 2019

According to the Complaint, on March 15, 2019, Boeing filed its 2019 proxy statement (the “Proxy Statement”). The Proxy Statement seeks: (i) the election of all 13 director nominees constituting the entire Boeing board of directors (the “Board”); (ii) approval, on an advisory basis, of named executive officer compensation; (iii) ratification of the appointment of the Company’s independent auditor; and (iv) certain shareholder proposals that the Board has recommended shareholders vote against, including the appointment of an independent Chairman.

The Complaint alleges that the Proxy Statement is materially false and misleading because it fails to disclose the recent crippling events and circumstances that have shaken the Company to its core, subjected the Company to virtually unlimited civil and criminal prosecution and investigation, grounded its most innovative and profitable fleet of 737 MAX jets, and, among other things, left the Company scrambling to fix its most advanced automated flight systems and controls that both paralyzed its fleet and unveiled an air of secrecy and disinformation surrounding the introduction of this fleet without the necessary warnings to and training of pilots before introduction of the new
automated systems incorporated into the design and engineering of this fleet and the method for stabilizing a plane experiencing a malfunction of these automated systems.

This case was voluntarily dismissed on April 29, 2019. A related case continues under Docket 19-CV-02394 in the Northern District of Illinois. On June 21, the Court issued an Order consolidating cases. On November 15, the Court issued an Order consolidating cases and appointing Lead Plaintiff and Counsel. Lead Plaintiff filed a consolidated Complaint on February 14, 2020.


Sector: Capital Goods
Industry: Aerospace & Defense
Headquarters: United States


Ticker Symbol: BA
Company Market: New York SE
Market Status: Public (Listed)

About the Company & Securities Data

"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: E.D. New York
DOCKET #: 19-CV-02020
JUDGE: Hon. William F. Kuntz, II
DATE FILED: 04/08/2019
CLASS PERIOD END: 02/28/2019
  1. Faruqi & Faruqi LLP (New York)
  2. WeissLaw LLP
No Document Title Filing Date
COURT: N.D. Illinois
DOCKET #: 19-CV-02394
JUDGE: Hon. William F. Kuntz, II
DATE FILED: 02/14/2020
CLASS PERIOD END: 12/16/2019
  1. Bernstein Litowitz Berger & Grossmann LLP (Chicago)
  2. Kessler Topaz Meltzer & Check LLP (Pennsylvania)
No Document Title Filing Date
—Related District Court Filings Data is not available