Boeing to pay 0 million to defraud investors

The US Securities Market Supervisory Authority has reached an agreement with the Boeing airline regarding false reports for the exchange about the safety of Boeing-737 Max aircraft.

In the wake of two consecutive Boeing 737 Max crashes that killed 346 people, management accused the group of trying to restore Boeing’s reputation, they preferred profit over people.

Former Boeing CEO Dennis Muilenburg will have to pay a $1 million fine.

At the same time, the agreement does not provide for recognition of guilt by the concern or Muilenburg.

By Editor

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