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Stock impact report

Boeing 737 Max crash victims' families ask the Justice Department to fine the planemaker $25 billion for committing ‘the deadliest corporate crime in U.S. history' [Fortune]

Alaska Air Group, Inc. (ALK) 
Last alaska air group, inc. earnings: 1/28 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.alaskaair.com/investors
Company Research Source: Fortune
That amount is “legally justified and clearly appropriate,” Paul Cassell, an attorney who represents 15 victims' families, said in a letter sent to the DOJ on Wednesday. Cassell suggested that $14 billion to $22 billion of the total amount could be suspended if Boeing devotes those funds to an independent corporate monitor and improvements to its safety programs. Cassell also said DOJ should pursue criminal prosecution of the company and that the planemaker's board of directors should be ordered to meet with the families. The letter comes a day after Boeing Chief Executive Officer Dave Calhoun faced a public grilling from US senators, who called on the company to fix its “broken safety culture.” Before the hearing got underway, Calhoun stood and faced the bereaved relatives assembled behind him to apologize, saying everyone at Boeing was “‘deeply sorry for your losses.” Boeing and the DOJ didn't immediately respond to a request for comment during a US holiday. The US manufactur Show less Read more
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