Boeing Board to Face Investors’ Suit Over 737 Max Crashes (2)

Boeing Co.’s directors must face an investors’ lawsuit accusing them of failing to properly monitor safety issues and the development of 737 Max jetliners whose two fatal crashes have cost the company more than $20 billion.

Delaware Chancery Judge Morgan Zurn threw out some claims against Boeing’s board, but said Boeing shareholders produced enough evidence to justify pursuing claims that directors missed a “red flag” about the 737 Max’s safety issues in the first crash in October 2018. That incident raised issues about a flight-control system “that the board should have heeded but instead ignored,” the judge said ...