$201 Million Boeing Fair Fund for Misleading Statements
The Boeing Company
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_Update: __the deadline to file a claim has been extended to December 31, 2024._

If you purchased or acquired The Boeing Company common stock listed on a U.S. exchange and registered with the Commission, trading under the symbol BA, during the period from November 28, 2018, to October 17, 2019, you may be eligible to claim compensation from the Boeing Fair Fund.

The Boeing Company has agreed to create a fair fund for $201,000,000 in an agreement with the SEC for allegedly misleading investors following two fatal accidents involving its 737 MAX aircraft.

Can I file a claim?

To be eligible for compensation from the Boeing Fair Fund, you must meet specific criteria:

  • You must have purchased or acquired Boeing common stock between November 28, 2018, to October 17, 2019
  • The stock must have been listed on a U.S. exchange and registered with the Commission.
  • Your transactions must calculate to a Recognized Loss under the Plan, and your Distribution Payment must equal or exceed $10.

How much can I get from the Fair Fund?

The compensation amount varies based on the Recognized Loss calculated under the Plan of Allocation.

The Recognized Loss is determined by the difference in inflation per share on purchase and sale dates, among other factors.

What documentation do I need to provide?

  • Trade confirmation slips or monthly statements from brokerage firms.
  • Documentation that includes details such as the security name, transaction type, date, number of shares, and total amount.

How to file a claim

To file a claim, you must submit a completed Claim Form with supporting documents. You can file a claim online or send it by mail to:

Boeing Fair Fund

Fund Administrator

PO Box 5899

Portland, OR 97228-5899

Ensure your claim is postmarked by December 31 17, 2024 as late submissions will not be considered by the administrator.

Payment methods

  • Check mailed to the address provided in the claim form.
  • Electronic transfer for claims submitted by third-party filers representing multiple claimants.

$201,000,000 settlement fund

The settlement fund of $201,000,000 will cover the compensation of harmed investors. The fund is distributed based on the Recognized Loss of each eligible claimant.

The fund includes:

  • Compensation for eligible claimants based on their Recognized Loss.
  • Administrative costs and expenses related to the distribution.
  • Any remaining funds after distribution will be returned to the U.S. Treasury.

Important Date

  • Deadline to File a Claim: December 31, 2024

Why Was There a Class Action Settlement?

The settlement addresses allegations that Boeing and its former CEO made misleading statements to investors following two fatal 737 MAX crashes. These statements allegedly violated Sections 17(a)(2) and 17(a)(3) of the Securities Act of 1933.

Settlement Open for Claims
Award:
Varies
Deadline:
December 31, 2024
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