Boeing May Evade 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 the possibility of allowing Boeing 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 in
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News
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- NASA, Boeing to Provide Commercial Crew, Space Station Update [Yahoo! Finance]Yahoo! Finance
- U.S. sanctions Boeing for sharing information about 737 Max 9 investigation [Los Angeles Times (CA)]Los Angeles Times
- These are the best airlines in the world to fly in business class, according to travelers — see the full list [Business Insider]Business Insider
- Boeing responds after being rebuked by NTSB for sharing details of Alaska Airlines door blowout investigation [FOX Business Network]FOX Business Network
BA
Earnings
- 4/24/24 - Beat
BA
Sec Filings
- 6/12/24 - Form 11-K
- 5/29/24 - Form SD
- 5/17/24 - Form 8-K
- BA's page on the SEC website