INVESTOR ALERT: Investigation of The Boeing Company Announced by Law Offices of Howard G. Smith
February 11 2016 - 01:27PM
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 howardsmith@howardsmithlaw.com, or visit our website at
http://www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20160211006241/en/
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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