The board ignored red flags about the 737 Max, says court filings
Published:
February 10, 2021 08:29
Bloomberg
A Boeing 737 MAX 8 is shown on the assembly line. The board ignored red flags about the 737 Max, didn't develop its own tools to evaluate safety, says a court filing.
Image Credit: AP
New York: Boeing Co. directors, including current Chief Executive Officer David Calhoun, lied about the company's oversight of its 737 Max 8 airliner and participated in a misleading public-relations campaign following two fatal crashes involving the plane, shareholders claim.
The board ignored red flags about the 737 Max, didn't develop its own tools to evaluate safety and didn't properly hold former chief executive officer Dennis Muilenburg accountable for launching a lobbying and public-relations effort to push back against criticism of the plane's design flaws, according to recently unsealed court filings.