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In July, Boeing agreed to plead guilty to a criminal fraud conspiracy charge in the wake of two fatal 737 MAX crashes. Boeing, DOJ tell US judge they have not reached agreement on revised plea ...
A judge rejected Boeing's plea deal with US prosecutors over 737 Max crashes. The deal involved Boeing pleading guilty to fraud and paying a $243.6 million fine. Boeing previously agreed to a $2.5 ...
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 ...
Federal prosecutors now accuse the company of failing to live up to terms of the 2021 settlement. Boeing has agreed to plead guilty to a felony fraud charge in a new deal with the Justice Department. The department hopes to file the detailed plea agreement Friday, but says it may need “a few more days.”
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.
The Justice Department says Boeing failed to meet terms of the settlement, which required the company to set up and maintain a program to detect and prevent violations of U.S. anti-fraud laws ...
Federal prosecutors now accuse the company of failing to live up to terms of the 2021 settlement. Boeing has agreed to plead guilty to a felony fraud charge in a new deal with the Justice Department. The department said Thursday that it expects to file the detailed plea agreement no sooner than the middle of next week.
Boeing lost 45 orders for the MAX, following cancellations and conversions, through the first 10 months of 2019. [54] On January 14, 2020, Boeing reported a net loss of 87 aircraft orders in 2019, its worst performance in three decades; airline customers had canceled 183 orders for the MAX, while Boeing received only 96 orders for other aircraft.