Embattled aerospace giant Boeing disclosed in a regulatory filing it’s being investigated by the Securities and Exchange Commission, in addition to already facing investigations by the U.S Department of Justice, following two plane crashes that happened less than five months apart.
In a Jan. 31 Form 10-K, Boeing disclosed “multiple legal actions” have been filed against it as a result of the Oct. 29, 2018, accident of Lion Air Flight 610 and March 10, 2019, accident of Ethiopian Airlines Flight 302. The company notes the DOJ and SEC are among regulators probing the accidents and the 737 Max airline involved in each crash.
