Northern District Of Illinois Narrows Securities Fraud Class Action Against Leading Commercial Jetliner Manufacturer

On March 31, 2026, Judge Manish S. Shah of the United States District Court for the Northern District of Illinois granted in large part and denied in part a motion to dismiss claims under the Securities Exchange Act of 1934 against an airplane manufacturer (the “Company”) and four of its former officers. College Retirement Equities Funds v. The Boeing Company, No. 22 CV 3845 (N.D. Ill. Mar. 31, 2026). Plaintiffs alleged defendants made a series of misrepresentations regarding two crashes in 2018... By: A&O Shearman