Boeing Board Accused in Lawsuit of Lax Oversight During 737 MAX Crisis

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Boeing Board Accused in Lawsuit of Lax Oversight During 737 MAX Crisis

Boeing Co.’s board is accused of failing to properly oversee management’s responses to two fatal 737 MAX crashes and the plane’s safety problems in a shareholders’ lawsuit that cites internal company documents.

The suit, filed earlier this month in a Delaware state court, claims former Chief Executive Dennis Muilenburg misled what the plaintiffs portray as a largely passive board. Directors also allegedly were preoccupied by negative news stories, failing to press management over specific MAX engineering problems and skipping…

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