Boeing to pay $200 million to settle charges it misled investors following 737 Max crashes, SEC says

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% . . .