Spirit AeroSystems may face lawsuits

Oct 30, 2012 | 08:20 AM | Frank Haflich

Tags  Spirit AeroSystems, lawsuit, aerospace, Boeing, Gulfstream, Frank Haflich

LOS ANGELES — At least two law firms are circling Spirit AeroSystems Holdings Inc. for possible class-action shareholder lawsuits in the wake of the aerospace subcontractor’s surprise announcement that it would take a $590-million third-quarter charge related to work on the Boeing 787 Dreamliner and other aircraft programs.

Johnson & Weaver LLP of San Diego said it has launched an investigation to determine whether officers of Wichita, Kan.-based Spirit have "engaged in improper conduct or breached their fiduciary duties" by not disclosing problems that caused the charge.....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results