In a lengthy summary of the shareholder's case, Zurn said the board "publicly lied about if and how it monitored the 737 MAX's safety."
It cited Calhoun's comments that "the board had been 'notified immediately, as a board broadly,' after the Lion Air crash and met 'very, very quickly' thereafter."
It added that after the second crash of an Ethiopian Airlines 737 MAX in March 2019, Calhoun represented that the board met within 24 hours of the crash to discuss potentially grounding the 737 MAX.
"Each of Calhoun's representations was false," Zurn's ruling said.
https://www.bloomberg.com/news/articles ... ax-crashes