US charges Boeing with misleading investors on 737 MAX safety, fined $200 mn

US regulators say Boeing and its former CEO 'put profits over people,' misleading the public about the safety of the 737 MAX aircraft

US regulators say Boeing and its former CEO 'put profits over people,' misleading the public about the safety of the 737 MAX aircraft

US securities officials fined Boeing $200 million over the aviation giant's misleading assurances about the safety of the 737 MAX airplane following two deadly crashes, regulators announced Thursday.

They misled investors by providing assurances about the safety of the 737 MAX, despite knowing about serious safety concerns."