Sign In
Step 1
Draft
Step 2
Unite with Fellow Investors
Step 3
Choose the Best Attorney
Step 4
Provide Documents
Step 5
Follow Case Progress
Step 6
Get Payout
BA.US
id: 1454

Boeing (BA) $201M SEC Fair Fund Settlement

The settlement funds have been distributed to claimants.
$201,000,000
Cash Settlement
SEC
Court
3-21140
Case number
11/28/2018
Class period Start
10/17/2019
Class period End
12/31/2024
Claim deadline
Boeing ($BA) has agreed to settle $200M with investors to resolve claims that it misled them about safety risks associated with the 737 MAX aircraft following two fatal crashes in 2018 and 2019.
Outline

In 2018, Boeing and its former CEO, Dennis Muilenburg, failed to disclose known issues with its flight control system (MCAS) that affected the safety of the 737 MAX. The company issued false assurances even after the first fatal crash in 2018. Following the second crash in 2019, $BA stock dropped approximately 10%, and investors filed lawsuits, alleging that Boeing had concealed safety risks.

Timeline

  • November 2018 – April 2019: Boeing and its CEO made statements about 737 MAX omitting key safety risks.

  • October 29, 2018 – March 10, 2019: Two fatal crashes involving the 737 MAX—Lion Air Flight 610, and Ethiopian Airlines Flight 302—raised serious safety concerns. Despite the crashes, Boeing continued issuing safety assurances.

  • March 11, 2019: Following the second crash, the FAA grounded all 737 MAX planes, and $BA stock dropped approximately 10%.

  • April 2019: Investors filed lawsuits claiming that Boeing hid key information about the safety of the 737 MAX aircraft.

  • September 22, 2022: Boeing agreed to pay $200M in penalties to resolve SEC charges.

Background

Boeing introduced the 737 MAX in 2017, marketing it as a more fuel-efficient aircraft to compete with rival models. The new MCAS flight control system was designed to improve stability but relied on a single sensor, which made it vulnerable to malfunction.

After the first 737 MAX crash in October 2018, Boeing reassured the public and investors that the aircraft was safe, failing to disclose known issues with MCAS.

In March 2019, after the second fatal crash, the FAA grounded all 737 MAX planes for 20 months, leading to major financial and reputational harm for Boeing.

$BA dropped approximately 10%, and investors filed lawsuits, alleging that Boeing had hid critical safety risks.

What Can Investors Expect Now?
Boeing $BA has agreed to settle $200M with investors to resolve claims that it misled them about safety risks associated with the 737 MAX aircraft following two fatal crashes in 2018 and 2019.

If you were damaged due to this situation, you can file for a payout and get your share of the settlement. You can check if you are eligible and other details in the FAQ section below.

Case Type
SEC Fair Fund
Case Status
Disbursed
Alleged Offence
Mismanagement, 
Misleading Statements, 
Omissions
Suspected Party
Directors, 
Management
Security Type
Stocks
Trade Direction
Long
Plaintiffs
SEC
Defendants
Dennis A. Muilenburg
Administrator
EPIQ
Trades matching type
FIFO
Disbursement date
05/27/2026

Frequently Asked Questions

Who is eligible for this settlement?

All persons who purchased or otherwise acquired the publicly traded securities of Boeing, during the period from November 28, 2018, through October 17, 2019, inclusive.

Do you have to sell securities to be eligible?

No, if you have purchased securities within the class period, you are eligible to participate.

You can participate in the settlement and retain (or sell) your securities.

How long does the payout process take?

The entire process usually takes 4 to 9 months after the claim deadline. But the exact timing depends on the court and settlement administration.

How to get your payout?

If you're eligible, you can file your claim directly from this case page by clicking the "Collect Payout" button.

More than 100 companies are currently paying out settlements. Connect your brokerage account to automatically check which ones you may have missed — or file manually for this case.

What is 11th.com?

11th.com is an investor recovery company that helps investors track and collect securities class action settlements. We will:

1. Prepare documents for your payout.

2. Audit the claim and make sure you get the maximum possible payout.

3. File a claim with the settlement administration.

4. Correspond with the settlement administration to resolve emerging issues.

5. Deliver payout directly to your brokerage account.

There is no upfront cost, but we will deduct 20% of the recovered amount as a commission for our services.