SMN 6.47% 65.0¢ structural monitoring systems plc

BOEING SUED BY INVESTORS

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    Boeing sued by investors who say company put 'profit over safety'©REUTERS

    Boeing has been sued by shareholders who said the company prioritized profit over safety and misled them about its commitment to making safe aircraft, before a mid-air cabin panel blowout on an Alaskan Airlines 737 MAX 9 in January. The suit filed on Tuesday says that, following two deadly MAX crashes in 2018 and 2019, Boeing spent more than four years assuring investors that it was 'laser-focused' on safety and would not sacrifice safety for profit.
 
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