Loading...
Loading...
Browse all stories on DeepNewz
VisitBoeing Plea Deal Over 737 Max Crashes Rejected by Judge Reed C. O'Connor
Dec 5, 2024, 05:47 PM
A federal judge in the Northern District of Texas has rejected a plea agreement between Boeing and U.S. prosecutors related to two fatal 737 Max jet crashes that killed 346 people. The plea deal, which involved Boeing pleading guilty to fraud charges, was deemed insufficient by Judge Reed C. O'Connor. The rejection comes amidst concerns over Boeing's corporate culture, which has been accused of prioritizing profits over safety, according to a lawsuit by a pension fund. The decision could have significant implications for Boeing's legal and financial standing.
View original story
Markets
Yes • 50%
No • 50%
Official court filings or announcements from U.S. Department of Justice
No • 50%
Yes • 50%
Official announcements from Boeing or U.S. Department of Justice
Yes • 50%
No • 50%
Stock market data from reputable financial platforms
Under $1 billion • 25%
No penalties • 25%
Over $5 billion • 25%
$1 billion to $5 billion • 25%
Official court rulings or settlements
Other outcome • 25%
New plea deal accepted • 25%
Boeing found guilty in trial • 25%
Case dismissed • 25%
Official court rulings or settlements
No significant changes • 25%
Other changes • 25%
Board reshuffle • 25%
CEO replaced • 25%
Official announcements from Boeing or major news outlets