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Boeing pays $200 million to settle SEC charges over 737 Max safety claims

14 days ago   |   By

Boeing Co. will pay $200 million to settle charges that the company and its former CEO misled investors about the safety of its 737 Max after two of the
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Boeing pays $200 million to settle SEC charges over 737 Max

Boeing pays $200 million to settle SEC charges over 737 Max

14 days ago   |   By

Boeing Co. will pay $200 million to settle charges that the company and its former CEO misled investors about the safety of its 737 Max after two of the airliners crashed, killing 346 people.
The Securities and Exchange Commission said Thursday that it charged the aircraft maker and former CEO Dennis Muilenburg with making significant misleading public statements about the plane and an automated flight-control system that was implicated in the crashes in Indonesia and Ethiopia.
Neither Boeing nor Muilenburg admitted wrongdoing, but they offered to settle and pay penalties, including $1...
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Boeing Will Pay $200 Million After SEC Says It Misled Investors About 737 MAX Crashes

14 days ago   |   By

Boeing's 737 MAX jets were grounded for nearly two years after two deadly crashes in 2018 and 2019-and on Thursday, the company resolved claims that it misled investors in the early months of that crisis.
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Boeing Reaches $200 Million Settlement With Regulators Over Its 737 Max

14 days ago   |   By

The S.E.C. said Boeing had misled investors by suggesting that human error was to blame for two deadly crashes, and omitting the company's concerns about the plane.
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