Dossier
Comcast Corp. v. Behrend
Coverage of Comcast Corp. v. Behrend in the Nexus archive.
- Fourth Circuit severs class of Boeing investors
The Fourth Circuit ruled that a class of Boeing investors failed to provide a valid damages methodology for their securities fraud claims, citing inconsistencies with the Supreme Court's Comcast v. Behrend decision. The investors allege Boeing defrauded them following two 2018-2019 plane crashes and subsequent safety violations, but the court found their proposed out-of-pocket damages calculation insufficient.