Levi & Korsinsky announces that a class action lawsuit has been commenced in the USDC for the Northern District of Illinois on behalf of investors who purchased The Boeing Company (“Boeing” or the “Company”) (NYSE: BA) securities between February 9, 2012 and February 11, 2016.
The complaint alleges that throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (a) Boeing’s use of program accounting for the Company’s 787 Dreamliner and/or 747 jumbo aircrafts relied on inflated sales forecasts; (b) Boeing’s use of program accounting for the Company’s 787 Dreamliner and/or 747 jumbo aircrafts relied on understated estimates of production costs; and (c) as a result of the foregoing, Boeing’s public statements were materially false and misleading at all relevant times.
If you suffered a loss in Boeing you have until April 22, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
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