DOJ: Boeing violated deal reached to avoid 737 MAX prosecution

The Justice Department found that Boeing (BA) violated the terms of the 2021 agreement it reached to avoid prosecution over the two deadly crashes involving its 737 MAX jets. Prosecutors must decide by July 7 whether to file charges against the aircraft company.
Boeing has until June 13 to challenge the Justice Department's findings, according to The Wall Street Journal, and Boeing believes it has honored the terms of the agreement.
Despite this latest news, Wall Street remains bullish on the stock, feeling optimistic about the company's future as it comes under new leadership.
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: / yahoofinance
Instagram: yahoofinanc...
TikTok: www.tiktok.com/@yahoofinance?...
Facebook: / yahoofinance
LinkedIn: / yahoo-finance
#doj #boeing #yahoofinance

[@dushooter]

Good thing the Former AUSA out of Texas that brokered the deal for boing is now working for the same lawfirm that is defending boing. No wrong doing or negligence found. Just like cops. We investigated ourselves and found no wrong doing.

[@youngpower24]

Used to be a great American company. Very sad to see what is happening. They should probably spin off the defense side of the business at this point.

[@aerohk]

How does breaking it up help?

[@youngpower24]

@@aerohk provides legal indemnity to the defense side so they don’t bear the burden of the commercial side.