Boeing to pay $200 million to settle charges over 'misleading' crash statements
Former CEO Dennis Muilenburg also agreed to pay the SEC $1 million..
Stay updated with breaking news from Marka Forkner. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Former CEO Dennis Muilenburg also agreed to pay the SEC $1 million..
Boeing's former chief technical pilot's acquittal on charges he deceived safety regulators and airlines about the 737 Max was a high-profile flop for U.S. Department of Justice prosecutors who sought to pin liability on a lone individual for corporate missteps at Boeing that contributed to two deadly crashes, experts say.
It took the jury just two hours to come to a decision.
The Treasury Department warned that Russian gold sales could be subject to sanctions.
Prosecutors say he lied to regulators about changes to a critical flight-control system on the 737 Max.