Boeing May Avoid Criminal Charges for Violating Settlement [The New York Times]
Boeing Company (The) (BA)
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Source: The New York Times
The Justice Department is considering allowing Boeing to avoid criminal prosecution forviolating the terms of a 2021 settlementtwo deadly plane crashesThe department has not made final decisions or ruled out bringing charges, or some other solution, the people said. But it is considering offering Boeing what is known as a deferred prosecution agreement, which is often used to impose monitoring and compliance obligations on businesses accused of financial crimes or corruption, as opposed to trying to convict the company.The agreement, if it is offered, might stipulate that Boeing install a federal monitor to oversee safety improvements, according to the people familiar with the situation.Federal prosecutors said in May thatBoeing had violated a previous deferred prosecution agreementtwo of its employees had misled federal air safety regulatorsThe aircraft manufacturer’s violation of that settlement allowed the Justice Department to file criminal charges. But after an intense internal d
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- US judge to hold hearing on family objections to Boeing plea deal [Yahoo! Finance]Yahoo! Finance
- Two-man crew bound for space station, will give Starliner astronauts a ride home in February [CBS News]CBS News
BA
Earnings
- 7/31/24 - Miss
BA
Sec Filings
- 9/13/24 - Form 8-K
- 9/5/24 - Form 4
- 8/29/24 - Form 4
- BA's page on the SEC website