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SEC to investigate Boeing over statements on safety practices: report [FOX Business Network]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
The U.S. Securities and Exchange Commission (SEC) has opened an investigation into Arlington, Virginia-based Boeing Co. for statements the company made regarding safety practices, following an incident where a panel blew off an Alaska Airlines 737 Max 9 16,000 feet above Oregon in January. Reuters reported that the SEC investigation will look into whether Boeing or its executives made statements misleading investors, according to a report from Bloomberg News, based on three sources familiar with the development. Boeing declined to comment on the matter when Fox News Digital reached out to the company, while the SEC did not respond to requests for comment. In January, a 737 Max 9 operated by Alaska Airlines was flying 16,000 feet above Oregon when a panel plugging the space reserved for an unused emergency door blew off the jetliner. Though pilots were able to land the Boeing 737 Max 9 safely, issues surrounding the plane came crashing down on the aircraft's manufacturer. In M Show less Read more
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