Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
HomeAll NewsMost read newsBusiness Leaders Biography
Age : 57
Public asset : 2,755,079 USD
Linked companies : New Vista Acquisition Corp
Biography : Dennis A. Muilenburg is a businessperson who has been at the helm of 8 different companies. Mr....

Boeing to pay $200 million to settle civil charges it misled investors about 737 MAX

09/22/2022 | 05:18pm EDT
Grounded Boeing 737 MAX aircraft are seen parked at Grant County International Airport in Moses Lake

(Reuters) - Boeing will pay $200 Million to settle charges from the U.S. Securities and Exchange Commission that it misled investors about the 737 MAX that was grounded for 20 months after two fatal crashes killed 346 people.

The SEC also said former Boeing Chief Executive Dennis Muilenburg had agreed to pay $1 million.

"In times of crisis and tragedy, it is especially important that public companies and executives provide full, fair, and truthful disclosures to the markets. The Boeing Company and its former CEO, Dennis Muilenburg, failed in this most basic obligation," SEC Chair Gary Gensler said.

(Reporting by David Shepardson, Editing by Franklin Paul)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
THE BOEING COMPANY -5.37% 131.26 Delayed Quote.-31.10%