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  1. Bokep

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  2. $2.5 billion

    Last year, Boeing paid $2.5 billion to settle criminal charges filed by the Justice Department that it defrauded safety regulators in connection with the development of the 737 Max. Most of that money went to airlines whose 737 Max jets were grounded for nearly two years following the Lion Air and Ethiopian Airlines crashes.
    www.cbsnews.com/news/boeing-737-max-crashes-200-million-sec-misleading-investors/
    www.cbsnews.com/news/boeing-737-max-crashes-200-million-sec-misleading-i…
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  3. People also ask
    Why is Boeing under investigation by the SEC?The SEC has been investigating statements made by Boeing and its former chief executive regarding the company. The SEC is tasked with enforcing rules that force companies to disclose information that could affect their share price. Boeing investors lost billions after the crashes.
    Why did the Department of state and Boeing reach a settlement?The Department of State and Boeing reached this settlement following an extensive compliance review by the Office of Defense Trade Controls Compliance in the Department’s Bureau of Political-Military Affairs.
    Did Boeing mislead investors?The Boeing Company and its former CEO, Dennis Muilenburg, failed in this most basic obligation. They misled investors by providing assurances about the safety of the 737 MAX, despite knowing about serious safety concerns.
    Why did Boeing pay $2.5 billion?In January 2021, Boeing agreed to pay $2.5 billion to resolve a criminal investigation into the company's conduct surrounding the crashes. The U.S. planemaker agreed to compensate victims' relatives and overhaul its compliance practices as part of the deal with prosecutors.
     
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