September 11, 2021

“The Boeing board ‘publicly lied’ about monitoring airplane safety following two deadly 737 Max crashes, according to court records. Directors also allegedly failed to assess airplane safety and fell short in demanding or expecting safety reports from management.” As we have indicated previously, when derivative litigation post Marchand survives the Caremark pleading, it is only a question of when the defendant will settle.

Agenda, Financial Times Specialist
September 11, 2021

“I conclude the stockholders have pled both sources of board liability,’ wrote Delaware Chancery Court Judge Morgan Zurn.”

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Boeing’s reputation restoration strategy requires reputation risk controls, oversight and insurance.

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