The Justice Department must decide by July 7 whether to prosecute Boeing after prosecutors found the plane maker violated a settlement related to two fatal crashes, two people familiar with the matter told Reuters
after finding the plane maker violated a settlement related to two fatal crashes, two people familiar with the matter told Reuters.
Under the 2021 deal, the Justice Department agreed not to prosecute Boeing over allegations it defrauded the Federal Aviation Administration so long as the company overhauled its compliance practices and submitted regular reports. Boeing also agreed to pay $2.5 billion to settle the investigation. The sources did not specify what criminal charges Justice Department officials are considering, but one of the people said they could extend beyond the original 2021 fraud conspiracy charge.
Boeing may be willing to pay a penalty and agree to a monitor, but believes a guilty plea, which typically incurs additional business restrictions, could be too damaging, said one of the sources. Boeing derives significant revenue from contracts with the U.S. government, including the Defense Department, which could be jeopardized by a felony conviction, one of the sources said.
Canada News Breaking News Video Canadian Breaking News Breaking News Globe And Mail Breaking News Globe And Mail Canada News Photos World News Local News National News Us News Foreign News Sports News Arts News Life News Lifestyle Canada Traffic Canada Weather Trudeau Government Federal Government Canada Sports Canada Sports News Politics Politics News Political News Political Opinion Environment Economy Technology Education Travel Canada Alberta Bc British Columbia Manitoba Ontario Quebec Nova Scotia Pei New Brunswick Newfoundland And Labrador Nunavut Northwest Territories Yukon Globe And Mail
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Boeing Tells US Justice Department It Didn’t Violate Deal After 737 Max CrashesBoeing Co. told the US Justice Department that it disagrees with a government finding that the aircraft maker failed to live up to a compliance agreement put in place following two fatal plane crashes half a decade ago, according to people familiar with the matter.
Read more »
Families of those who died in Boeing crashes press the Justice Department to prosecute the companyRelatives of passengers who died in two jetliner crashes pushed federal officials Friday to prosecute Boeing on criminal charges related to the accidents no ...
Read more »
Families of those who died in Boeing crashes press the Justice Department to prosecute the companyRelatives of passengers who died in two jetliner crashes pushed federal officials Friday to prosecute Boeing on criminal charges related to the accidents no later than this fall but said they got no commitment from the Justice Department.
Read more »
Families of those who died in Boeing crashes press the Justice Department to prosecute the companyWASHINGTON (AP) — Relatives of passengers who died in two jetliner crashes pushed federal officials Friday to prosecute Boeing on criminal charges related to...
Read more »
Justice Department Finds Alaska Discriminated Against Disabled Voters, Violated Federal LawShruti Rajkumar is a reporter at HuffPost, covering breaking news, politics, race and disability.
Read more »
Child privacy complaint against TikTok referred to U.S. Justice DepartmentThe probe is separate from continuing concerns in Congress about the potential that the data of TikTok’s 170 million U.S. users could be improperly accessed by the Chinese government
Read more »