Boeing and Dennis Muilenburg have settled some charges in an investigation related to deadly 737 Max crashes. Boeing will pay $200 million for misleading statements about the jets that crashed in Indonesia in 2018 and Ethiopia in 2019. Boeing in January agreed to pay $2.5 billion, mostly set aside for families of the victims and to airlines, to settle a Justice Department’s criminal probe. Shares of Boeing edged higher in the extended session, after ending the regular trading day down 3.2% and underperforming the S&P 500 index. The Wall Street Journal earlier Thursday reported on the imminent settlement, the Wall St. Journal reported on Boeing’s imminent settlement. Shareholders of Boeing have lost 31% so far this year, compared with losses of around 21% . . .
[su_button url=’https://www.marketwatch.com/story/boeing-to-pay-200-million-to-settle-charges-it-misled-investors-following-737-max-crashes-sec-says-11663881847′ target=’_blank’ style=’ghost’ background=’#010066′ color=’#010066′ size=’2′ wide=’no’ center=’no’ radius=’auto’]Read more at www.marketwatch.com[/su_button]
By
By
By
By
By
