LOS ANGELES, CA / ACCESSWIRE / January 23, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The Boeing Company ("Boeing" or "the Company") (NYSE:BA) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Boeing is the subject of a Wall Street Journal article published on January 7, 2024, titled: "FAA Orders Grounding of Some Boeing 737 MAX 9 Jets After Emergency Landing." According to the Journal, "the Federal Aviation Administration ordered a temporary grounding and immediate inspections of dozens of Boeing 737 MAX Jets, after one of the planes made an emergency landing when a section of the aircraft ripped away in midair. Passengers and flight attendants described a harrowing incident during an Alaska Airlines flight on a 737 MAX 9 jet Friday night that left a gaping hole at 16,000 feet in the sky. Alaska and United, two of the biggest users of the jets, canceled dozens of flights each on Saturday but said inspections were underway." Based on this news, shares of Boeing dropped by more than 8% on the next day.
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The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
[email protected]
www.schallfirm.com
SOURCE: The Schall Law Firm