Lynn Pinker Files Trade Secrets Lawsuit Against Boeing

The Boeing Company and its subsidiary Boeing Capital Corp. were served Wednesday afternoon with a lawsuit that alleges the aircraft manufacturing giant stole trade secrets from an insurance company that had proposed creating a private alternative to the Export-Import Bank, the U.S. government’s official credit agency.

The lawsuit was filed Tuesday in a Chicago federal court by Dallas firm Lynn Pinker Cox & Hurst on behalf of Virgina-based Xavian Insurance Company. It alleges that Xavian had worked with Boeing since 2007 to create a privately-held guarantor to underwrite aircraft sales to foreign airlines with non-investment grade debt ratings.