Loading...
Loading...
Browse all stories on DeepNewz
VisitJudge Rejects Boeing's $243 Million Plea Deal over DEI Provisions in 737 Max Crash Case
Dec 5, 2024, 07:23 PM
A federal judge in Texas has rejected Boeing's $243 million plea agreement with the U.S. Department of Justice in a criminal conspiracy case stemming from two fatal 737 Max crashes that killed 346 people. Judge Reed C. O'Connor of the Northern District of Texas ruled that the agreement improperly limited the court's role and imposed inappropriate diversity considerations on the appointment of an independent monitor to oversee Boeing. The plea deal would have allowed Boeing to plead guilty to defrauding regulators who approved pilot training requirements for the 737 Max nearly a decade ago. The judge cited concerns over provisions requiring the monitor selection process to consider race and diversity, finding such requirements inappropriate.
View original story
Markets
No • 50%
Yes • 50%
Official court documents or announcements from Boeing or the U.S. Department of Justice
Yes • 50%
No • 50%
Official announcements from the U.S. Department of Justice or court documents
No • 50%
Yes • 50%
Official announcements from Boeing or the U.S. Department of Justice
CEO replacement • 25%
Other governance changes • 25%
No significant changes • 25%
Board restructuring • 25%
Official announcements from Boeing or regulatory filings
Case goes to trial • 25%
Other resolution • 25%
New plea deal accepted • 25%
Case dismissed • 25%
Official announcements from Boeing, the U.S. Department of Justice, or court rulings
Case unresolved • 25%
Boeing found guilty • 25%
Boeing found not guilty • 25%
Settlement reached • 25%
Court rulings or official announcements