NEW YORK, NY / ACCESSWIRE / March 1, 2021 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of The Boeing Company ("Boeing " or the "Company") (NYSE:BA). Investors who purchased Boeing securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/ba.
The investigation concerns whether Boeing and certain of its officers and/or directors have violated federal securities laws.
On February 25, 2021, the Wall Street Journal published an article entitled "Boeing Moved to Replace 777 Engine Covers Before Recent Failures." Citing "an internal Federal Aviation Administration [FAA] Document," the article reported, in relevant part, that Boeing "was planning to strengthen protective engine covers on its 777 jets months before a pair of recent serious failures." The article reported that Boeing and the FAA "had been discussing potential fixes even longer-for about two years" and that "[t]he talks began after two failures in 2018, one on a 777 operated by United Airlines Holdings Inc. and the other on a Southwest Airlines Co. 737." Following publication of the article, Boeing's stock price fell $12.89 per share, or 5.62%, to close at $216.45 per share on February 25, 2021.
If you are aware of any facts relating to this investigation, or purchased Boeing shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/ba. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
SOURCE: Bronstein, Gewirtz and Grossman, LLC