Stock Market News
U.S. voids class action against Boeing, Southwest over MAX 8 safety
2022.11.21 16:07
© Reuters. FILE PHOTO: Grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California, U.S., March 26, 2019. REUTERS/Mike Blake/File Photo
By Jonathan Stempel
(Reuters) – A U.S. appeals court on Monday decertified a class-action lawsuit accusing Boeing (NYSE:) Co and Southwest Airlines (NYSE:) Co of concealing a serious safety defect in the Boeing 737 MAX 8 plane, and ordered the lawsuit be dismissed.
The 5th U.S. Circuit Court of Appeals ruled in a case where a lower court had certified classes covering nearly 200 million ticket purchases.