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Stock impact report

Boeing Will Likely Avoid Criminal Charges After Violating $2.5 Billion Settlement Linked To Fatal Crashes, Report Says [Forbes]

New York Times Company (The) (NYT) 
Last new york times company (the) earnings: 2/6 07:00 am Check Earnings Report
Company Research Source: Forbes
crashes in 2018 and 2019 that killed a total of 346 people, according to , which reported that department officials have deemed prosecution of Boeing “too legally risky.” The new settlement deal will be offered this month. (Photo by JASON REDMOND/AFP via Getty Images) Instead of criminally prosecuting Boeing, the Justice Department plans to offer the aerospace company a deferred prosecution agreement requiring it to install an independent government watchdog tasked with keeping track of safety and quality control, the Times reported, citing two anonymous sources. The Justice Department was able to seek prosecution of Boeing, which was charged with , in May after federal officials said the company by “failing to design, implement and enforce a compliance and ethics program” made to detect and stop potential fraud violations. The installation of a federal monitor to supervise safety improvements at Boeing is seen by officials as a more efficient way to get the company to fall in Show less Read more
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