Posted on Sep 22, 2022
Boeing will pay $200 million to settle SEC charges over 737 Max crashes
492
7
2
3
3
0
https://www.npr.org/2022/09/22/ [login to see] /boeing-will-pay-200-million-to-settle-sec-charges-over-737-max-crashes
Boeing has agreed to pay a $200 million penalty to settle Securities and Exchange Commission charges that the company misled investors and the public about the safety of the 737 Max after two of the planes crashed in 2018 and 2019, killing 346 people.
The SEC charged the Boeing company and its former CEO, Dennis Muilenburg, with "making materially misleading public statements" following the crashes.
Boeing has agreed to pay a $200 million penalty to settle Securities and Exchange Commission charges that the company misled investors and the public about the safety of the 737 Max after two of the planes crashed in 2018 and 2019, killing 346 people.
The SEC charged the Boeing company and its former CEO, Dennis Muilenburg, with "making materially misleading public statements" following the crashes.
Boeing will pay $200 million to settle SEC charges over 737 Max crashes
Posted from npr.org
Boeing
Flying
Posted >1 y ago
Responses: 2
3
3
0
PO1 William "Chip" Nagel
"Why did Boeing have to pay $200 million to the SEC?
Boeing agreed to pay $200 million for misleading investors on its 737 MAX jets, the SEC said. The SEC charged Boeing and its former CEO Dennis Muilenburg with making “materially misleading public statements” in the wake of two crashes of its 737 MAX in 2018 and 2019."
"Why did Boeing have to pay $200 million to the SEC?
Boeing agreed to pay $200 million for misleading investors on its 737 MAX jets, the SEC said. The SEC charged Boeing and its former CEO Dennis Muilenburg with making “materially misleading public statements” in the wake of two crashes of its 737 MAX in 2018 and 2019."
(3)
(0)
1
1
0
This fine will only be absorbed by the purchacers of their aircraft and then on to the passwngers who fly on them. I question to where does this fine money end up?
(1)
(0)
Read This Next
Continue with Facebook 
Continue with Google