Boeing to pay $200M for misleading investors about 737 MAX


American aircraft manufacturer Boeing will pay $200 million to settle charges for misleading investors about its 737 MAX airplane, the US Securities and Exchange Commission (SEC) said Thursday.

The SEC said it charged the company and its former CEO Dennis A. Muilenburg with “making materially misleading public statements following crashes of Boeing airplanes in 2018 and 2019.”

It said Boeing and Muilenburg knew that there was an ongoing airplane safety…

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Written by Bourbiza Mohamed

I have 26 years of experience as a professional writer and editor and have been working as a full time freelancer since 2011. I am originally from Casablanca, Morocco, and I graduated from Qatar University with a degree in journalism. I have worked for newspapers, magazines, news agencies, websites. I speak fluent Arabic, French, English, Russian and Spanish.

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