Boeing Accused Of Dragging Its Feet In Response To Fatal Air Crashes – Report
Boeing has maintained that it acted urgently in response to the fatal plane crashes that killed 346 people on board two of its 737 MAX aircrafts, but newly released company documents may contradict these claims, according to The Wall Street Journal. A lawsuit by shareholders against Boeing (BA) suggests that directors breached their fiduciary duties in overseeing management’s response to the fatal crashes, and also accuses then lead-director and current CEO, David Calhoun, of exaggerating the degree to which board members reacted to safety concerns about the aircrafts, WSJ reports. Acco...