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The deal involved Boeing pleading guilty to fraud and paying a $243.6 million fine. ... The case stems from two Boeing 737 Max crashes that killed 346 people, ... Check back for updates.
A Boeing plea deal intended to resolve a case related to two fatal crashes of its planes has been rejected by a US judge. The plane maker agreed with the US government in July to plead guilty to ...
According to court documents, Boeing and the DOJ must update the court within 30 days regarding how they plan to proceed. Boeing 737 MAX crashes plea deal rejected by judge over DEI requirement ...
Boeing negotiated the plea deal only after the Justice Department determined this year that Boeing violated a 2021 agreement that had protected it against criminal prosecution on the same fraud-conspiracy charge. Boeing lawyers have said that if the plea deal was rejected, the company would challenge the finding that it violated the earlier ...
Boeing blamed the deception on two relatively low-level employees. In a letter filed Tuesday in federal court in Texas, Glenn Leon, head of the Justice Department criminal division's fraud section, said Boeing violated terms of the settlement by failing to make promised changes to detect and prevent violations of federal anti-fraud laws.
Boeing reached a $2.5 billion settlement with the Justice Department in January 2021 to avoid prosecution on a single charge of fraud — misleading federal regulators who approved the plane ...
In a legal filing late Sunday — minutes before a midnight deadline — the Justice Department disclosed the agreement and said the fraud charge was “the most serious readily provable offense” it could bring against Boeing. Prosecutors say Boeing will pay another $243.6 million fine, matching a fine it paid in 2021 for the same crime.
Boeing will have until the end of the coming week to accept or reject the offer, which includes the giant aerospace company agreeing to an independent monitor who would oversee its compliance with anti-fraud laws, they said. The case stems from the department's determination that Boeing violated an agreement that was intended to resolve a 2021 ...