Boeing, Former CEO Ordered To Pay Combined $201M Over 737 MAX Statements

(September 23, 2022, 11:20 AM EDT) -- WASHINGTON, D.C. — The Boeing Co. will pay $200 million while its former chairman and CEO will pay an additional $1 million to the Securities and Exchange Commission to settle claims that they violated federal securities law by misrepresenting the safety condition of Boeing’s 737 MAX line of aircraft, according to a pair of cease-and-desist orders the SEC filed Sept. 22....

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