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Boeing to pay $200mn penalty over misleading investors about 737 Max

Yahoo! Finance
Boeing and its former chief executive Dennis Muilenburg have agreed to pay millions of dollars to resolve charges they misled investors about two deadly crashes of the company’s 737 Max aircraft. The aerospace manufacturer agreed to pay a penalty of $200mn to settle the allegations by the US Securities and Exchange Commission, while Muilenburg will pay $1mn. Neither the company nor Muilenburg admitted or denied the SEC’s findings.
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