Shareholders of Boeing sued the company after the crash of 737 MAX aircraft

Shareholders of Boeing filed a claim against the American corporation about its concealment of information about the problems with the safety of 737 MAX aircraft and filed a class action lawsuit against it to the Federal Court of Chicago. Within two weeks after the crash of an Ethiopian airline on March 10, Boeing’s market value fell by $34 billion. Shareholders in the statement of claim indicated that Boeing, in order to compete with Airbus, was in a hurry to bring this model of airliner to the market, and put forward claims for alleged violations and securities fraud to the company’s general director, Dennis Muilenburg. The suit of shareholders is not the only one that Boeing faces after the crash of two aircraft. Relatives of the victims also applied to lawsuits against it.

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