The 1997 production meltdown plagued Boeing for years
OCT. 31, 1997
After company's market capitalization dives by $4 billion, lawyers file a securities-fraud suit on behalf of shareholders in U.S. District Court in Seattle.
SEPT. 8, 1998
U.S. District Judge Thomas Zilly rejects the company's motion to dismiss the case, holding that there is enough evidence of fraud to merit a trial.
DEC. 31. 1998
In a year when the Dow Jones industrial average rises 16.1%, Boeing (BA) falls 33.3%--becoming "dog of the Dow." Much of the drop is attributable to the Asian crisis.
APR. 15, 1999
CFO Hopkins announces the first of several new financial-improvement initiatives, including reporting some traditional unit-cost data for airplanes.
MAY 1, 2000
Judge Zilly grants class-action status to two groups of shareholders: Boeing investors and McDonnell Douglas investors.
SEPT. 1, 2001
Boeing moves its headquarters from Seattle to Chicago--which it says led to the decision to settle the fraud case rather than risking going to trial before a Seattle jury.
SEPT. 21, 2001
The two sides reach a tentative settlement for $92.5 million.
FEB. 20, 2002
Judge Zilly approves the settlement.