BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of investors of The Boeing Company (“Boeing” or the “Company”) (NYSE: BA) concerning the Company and its officers’ possible violations of federal securities laws. Injured investors with losses of over $100,000 are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights, and a potential class action lawsuit to recover investors’ losses.
On February 11, 2016, news reports disclosed that the U.S. Securities and Exchange Commission (the “SEC”) is investigating whether Boeing properly accounted for the costs and estimated sales of two of its most renowned airplanes. Specifically, the SEC investigation concerns projections Boeing made about the long-term profitability for the 787 Dreamliner and the 747 jumbo aircraft, and whether the Company has inappropriately smoothed earnings and concealed potential losses in past financial reports.
Upon this news, shares of Boeing have fallen over 11%, or nearly $13 per share during intraday trading on February 11, 2016.
If you purchased Boeing securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at http://www.howardsmithlaw.com.
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