The settlement is to resolve an investigation into claims that the aircraft manufacturer and a former CEO had deceived investors about problems with its 737 Max plane that led to two deadly crashes in 2018 and 2019
Boeing reached a $200 million settlement with U.S. securities regulators Thursday to resolve an investigation into claims that the aircraft manufacturer and a former CEO had deceived investors about problems with its 737 Max plane that led to two deadly crashes in 2018 and 2019.
The company’s CEO at the time, Dennis Muilenburg, agreed to pay a $1 million fine as part of a separate settlement with the Securities and Exchange Commission, although the facts of the case were largely the same.
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