Boeing to pay $200m to settle charges it misled investors over 737 Max crashes

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Company and former CEO made misleading statements about the jets involved in two crashes that killed 346 people

Boeing and its former chief executive have settled an investigation by the US’s top financial regulator into allegedly misleading statements the planemaker and its then boss made about its 737 Max jets, involved in two deadly crashes in Indonesia and Ethiopia.

Boeing will pay $200m to settle charges that it misled investors and the former Boeing chief Dennis Muilenburg has agreed to pay $1m.

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 ALL Credit of this post going to https://www.theguardian.com

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