SEC to investigate Boeing over statements on safety practices: report

The U.S. Securities and Exchange Commission (SEC) has opened an investigation into Arlington, Virginia-based Boeing Co. for statements the company made regarding safety practices, following an incident where a panel blew off an Alaska Airlines 737 Max 9 16,000 feet above Oregon in January.

Reuters reported that the SEC investigation will look into whether Boeing or its executives made statements misleading investors, according to a report from Bloomberg News, based on three sources familiar with the development.