Boeing to Pay $200M Settlement for Misleading Investors About 737 Max Crash that Killed 346 People


Boeing will pay $200 million for its former CEO, Dennis Muilenburg, making false statements on safety. The fund will be paid to investors who suffered losses due to the misinformation from 2018 to 2019.

The SEC accused the company of prioritizing profits over people. The 737 Max crash killed 346 people and was grounded 20 months after the incident.

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