Law firms waging fierce battle for lead role in shareholder lawsuit over Boeing 737 MAX – Reuters

Kahn Swick & Foti represents a Nevada family that claims to have invested $40 million in Boeing stock and lost nearly $5 million when Boeing’s share price fell by $34 billion within two weeks of the March 10 crash of an Ethiopian Airlines 737 MAX.

Bernstein Litowitz Berger & Grossmann, for its part, says the family’s assertion is “implausible.” It reached that conclusion after firm investigators staked out the Nevada family’s homes and peppered their friends and coworkers with phone calls.

via Law firms waging fierce battle for lead role in shareholder lawsuit over Boeing 737 MAX – Reuters