Harwood Feffer LLP Announces Investigation of the Boeing Company

Thu Jan 17, 2013 10:56am EST

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NEW YORK,  Jan. 17, 2013  /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is
investigating potential claims against the board of directors of the Boeing
Company ("BA" or the "Company") (NYSE: BA), concerning whether the board has
breached its fiduciary duties to shareholders.

(Logo:  http://photos.prnewswire.com/prnh/20120215/MM54604LOGO  )

In  September 2011, the Company delivered the first production model of its new
flagship aircraft, the 787 Dreamliner.  The 787 is one of the most advanced
commercial jets in the world and each aircraft costs over  $200 million.  

On  January 16, 2013, as a result of problems with the 787's internal
lithium-ion battery system, the FAA grounded all 787's in the United States. 
The Japanese Transport Ministry, the Indian DGCA, the European Aviation Safety
Agency, and the Chile DGAC also subsequently grounded all 787's in their
respective jurisdictions.   

Development of the 787 Dreamliner was plagued with a variety of problems and
delays.  Recent media reports suggest that even as the 787 went into production,
concerns persisted over the safety and reliability of the lithium-ion battery
system.

Our investigation concerns whether the Boeing board of directors has breached
its fiduciary duties to shareholders, grossly mismanaged the Company, and/or
committed abuses of control in connection with the foregoing.  

If you own Boeing shares and wish to discuss this matter with us, or have any
questions concerning your rights and interests with regard to this matter,
please contact:

Robert I. Harwood, Esq.
Matthew M. Houston, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York  10022
Phone Numbers: (877) 935-7400
                         (212) 935-7400
Email:   bsachsmichaels@hfesq.com
Website:   http://www.hfesq.com

Harwood Feffer  has been representing individual and institutional investors for
many years, serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for
more information about the firm.

Attorney Advertising. © 2013 Harwood Feffer LLP. The law firm responsible for
this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not
guarantee or predict a similar outcome with respect to any future matter.

SOURCE  Harwood Feffer LLP

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