BOEING INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The Boeing Company - BA

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into The Boeing Company (NYSE: BA).

On January 4, 2024, Alaska Airlines Flight 1282, a Boeing 737 Max 9 aircraft, was forced to make an emergency landing just six minutes after takeoff when a panel of the plane (called a door plug) snapped off at 16,000 feet, leaving an open gaping hole and a harrowing experience suffered by the passengers. As a result, the U.S. Federal Aviation Administration grounded 171 of the 737 Max 9 aircraft indefinitely (also resulting in hundreds of cancelled flights) pending investigations and inspection guidance and has stated that it will intensify oversight of the Company, including conducting a production audit of the 737 Max 9 line and its suppliers, among other potential measures.

KSF’s investigation is focusing on whether Boeing’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.

If you have information that would assist KSF in its investigation, or have been a long-term holder of Boeing shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn ([e-mail]), or visit us at https://www.ksfcounsel.com/cases/nyse-ba/ to learn more.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.

To learn more about KSF, you may visit ksfcounsel.com.