US appeals court decertifies Boeing class action stemming from MAX 9 blowout

Boeing Company

Boeing Company

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July 20 (Reuters) - A federal appeals court on Monday decertified a shareholder class action accusing Boeing BA.N of prioritizing profit over safety and overstating its commitment to safe aircraft, prior to the mid-air cabin panel blowout on an Alaska Airlines 737 MAX 9.

The 4th U.S. Circuit Court of Appeals criticized the shareholders' methodology for showing how damages could be calculated on a classwide basis.


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