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The Guardian - US

Business

Dominic Rushe

Boeing to pay $200m to settle charges it misled investors over 737 Max crashes

Boeing Dennis Muilenburg SEC

A Boeing 737 Max aircraft. — A Boeing 737 Max aircraft. Photograph: Peter Cziborra/Reuters

Boeing and its former chief executive have settled an investigation by the US’s top financial regulator into allegedly misleading statements the planemaker and its then boss made about its 737 Max jets, involved in two deadly crashes in Indonesia and Ethiopia.

Boeing will pay $200m to settle charges that it misled investors and the former Boeing chief Dennis Muilenburg has agreed to pay $1m.

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