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.....





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