CHICAGO (dpa-AFX) - The U.S. Justice Department plans to charge Boeing Co.
(BA) with criminal fraud. Boeing now faces a decision between pleading guilty or
risking a trial, according to several media reports citing people familiar with
the matter.

According to reports, Boeing has been given until the end of the week to decide
whether to plead guilty to the charge, as communicated to the families of
victims of two fatal 737 Max crashes and their attorneys in a meeting on Sunday
by the Justice department.

The Justice Department has offered Boeing the plea deal after accusing the
airplane manufacturer of violating the terms of a 2021 deferred prosecution
agreement established in the aftermath of two 737 Max crashes in 2018 and 2019.

Boeing would pay a fine and undergo a three-year probationary period as part of
the latest deal presented to the company.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX