Boeing To Pay $200m Over 737 Max Statement Charges
Boeing To Pay $200m Over 737 Max Statement Charges

Boeing To Pay $200m Over 737 Max Statement Charges

Prashant Trivedi

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Boeing is to pay out $200m over charges that it misled investors about two fatal 737 Max crashes. <br />The US stock market regulator says the aviation giant and its former chief executive Dennis Muilenburg made false statements about safety issues. <br />SEC chairman Gary Gensler says in times of crisis and tragedy, it is especially important that public companies and executives provide full, fair, and truthful disclosures to the markets. <br />The SEC's statement says that both Boeing and Mr. Muilenburg did not admit or deny the regulator's findings.