Clear insider trading but I guess it’s legal for congress @GaiminIo
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US Justice Department is investigating Boeing over its door plug blowout
3 minute read
Updated 9:53 AM EST, Thu February 29, 2024
Washington DC
CNN
—
Boeing faces yet another federal probe over its 737 Max door plug blowout, this one by the Justice Department, an investigation that could expose it to criminal liability.
Justice is reviewing whether deficiencies found in the wake the door plug blowout on a 737 Max flight last month violate a deferred prosecution agreement that Boeing signed with the government three years ago following two Max fatal crashes, according to a person familiar with the investigation.
Prosecutors are looking at whether the latest troubles at Boeing are covered under the previous deal under which Boeing paid $2.5 billion to settle allegations that Boeing defrauded the Federal Aviation Administration during the initial certification process for the 737 Max. The investigation was first reported by The New York Times and Bloomberg.
https://edition.cnn.com/2024/02/29/business/boeing-justice-department-investigation/index.html