Investing
US court rejects investor lawsuit against Boeing supplier Spirit AeroSystems
© Reuters. A Boeing 737 MAX-10 lands over the Spirit AeroSystems logo during a flying display at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 22, 2023. REUTERS/Benoit Tessier/file photo
(Reuters) – A U.S. appeals court on Monday upheld the dismissal of a lawsuit accusing Boeing (NYSE:) supplier Spirit AeroSystems (NYSE:) of misleading investors by withholding information about production cuts on the 737 MAX following two crashes in 2018 and 2019.
A three-judge panel of the Denver-based 10th U.S. Circuit Court of Appeals ruled that investors pursuing the proposed class action against Spirit had not met the “stiff burden” of adequately alleging anyone intended to defraud them.
Read the full article here
-
Investing5 days ago
Hurricane Helene Hits Spruce Pine Mine, Quartz Used for Tech
-
Side Hustles6 days ago
5 Key Strategies for a Seamless Cloud Migration
-
Investing6 days ago
Israel stocks lower at close of trade; TA 35 down 0.23% By Investing.com
-
Passive Income6 days ago
Go Paperless with the PDF Reader Pro for $49.99
-
Side Hustles6 days ago
Why the Future of Cybersecurity Marketing Relies on Trust
-
Side Hustles5 days ago
VP Exec’s Top Tips for Negotiating and Relationship-Building
-
Side Hustles5 days ago
Why the Smallest Details Mean the Most in Marketing
-
Make Money4 days ago
The Top Employers and Opportunities for Part-Time Remote Jobs