Lawsuit brewing over Boeing’s 787

Published 4:02 pm Friday, November 13, 2009

The Boeing Co. could face a class action lawsuit over its 787 Dreamliner, reports Dow Jones Newswire.

The complaint, filed on behalf of an institutional investor, alleges that Boeing’s executives made false and misleading claims about the 787’s schedule earlier this year.

Boeing has fallen more than two years behind schedule on the 787. The company postponed the Dreamliner’s first flight in June, shortly after giving assurances that the mostly composite jet would fly by July 1.

Just yesterday, Boeing said it had installed the structural reinforcements on the first 787. Boeing says the Dreamliner will fly by year’s end.