U.S. prosecutors recommend Justice Department criminally charge Boeing as deadline looms [Globe and Mail, The (Toronto, Canada)]
Boeing Company (The) (BA)
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Source: Globe and Mail, The
U.S. prosecutors are recommending to senior Justice Department officials that criminal charges be brought against Boeing BA-N increase after finding the plane maker violated a settlement related to two fatal crashes, two people familiar with the matter told Reuters. The Justice Department must decide by July 7 whether to prosecute Boeing. The recommendation of prosecutors handling the case has not been previously reported. In May, officials determined the company breached a 2021 agreement that had shielded Boeing from a criminal charge of conspiracy to commit fraud arising from two fatal crashes in 2018 and 2019 involving the 737 MAX jet. Under the 2021 deal, the Justice Department agreed not to prosecute Boeing over allegations it defrauded the Federal Aviation Administration so long as the company overhauled its compliance practices and submitted regular reports. Boeing also agreed to pay $2.5 billion to settle the investigation. Boeing declined to comment. It has previou
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BA
News
- Boeing may lose party status to 737 MAX probe if it violates rules again, NTSB warns [Seeking Alpha]Seeking Alpha
- Boeing says NASA's 'stranded' astronaut crisis averted, reveals why homecoming is delayed [FOX News]FOX News
- NTSB says Boeing could lose 737 MAX probe status if it violates rules again [Yahoo! Finance Canada]Yahoo! Finance Canada
- NTSB says Boeing could lose 737 MAX probe status if it violates rules again [Yahoo! Finance]Yahoo! Finance
- A father who lost 2 sons in a Boeing Max crash waits to hear if the US will prosecute the company [Yahoo! Finance]Yahoo! Finance
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