Boeing to pay $200 million to defraud buyers – Muricas News

The US Securities Market Supervisory Authority has reached an settlement with the Boeing airline concerning false stories for the change concerning the security of Boeing-737 Max plane.

Within the wake of two consecutive Boeing 737 Max crashes that killed 346 folks, administration accused the group of making an attempt to revive Boeing’s status, they most well-liked revenue over folks.

Former Boeing CEO Dennis Muilenburg must pay a $1 million high-quality.

On the similar time, the settlement doesn't present for recognition of guilt by the priority or Muilenburg.