US prosecutors meeting with Boeing and crash victims over potential criminal charges

From Investing.com: 2024-06-29 21:00:38

U.S. prosecutors are set to meet with Boeing and victims’ families ahead of a decision on potential criminal charges related to 737 MAX crashes that claimed 346 lives. Boeing is defending its case to avoid prosecution, claiming it has adhered to the terms of a previous settlement agreement. Discussions are ongoing with no charges guaranteed.

The Justice Department is considering criminal charges against Boeing after finding the company violated a 2021 settlement agreement. Prosecutors recommended charges be brought, alleging Boeing failed to implement a compliance and ethics program. Boeing was initially set to avoid prosecution by paying a $2.5 billion settlement for the fatal crashes.

Boeing faces potential legal action as officials investigate safety and compliance issues following a mid-flight panel blow-out just days before a deferred prosecution agreement expired. The U.S. prosecutors are in discussions over potential resolutions, focusing on Boeing’s adherence to compliance practices. Family members of crash victims are being consulted as discussions continue.



Read more at Investing.com: Exclusive-US prosecutors meeting with Boeing, crash victims as criminal charging decision looms, sources say By Reuters