By
Aaron Nicodemus2023-02-13T20:08:00
A federal judge in Texas ruled against a request by the families of those killed in two Boeing 737 MAX crashes to alter the terms of a 2021 deferred prosecution agreement (DPA) between the company and the Department of Justice (DOJ) to add an independent compliance monitor.
Judge Reed O’Connor of the U.S. District Court for the Northern District of Texas blocked the families’ demand to impose a compliance monitor on Boeing as part of its DPA, among other requests.
In a decision filed Thursday, Judge O’Connor said the court did not have the authority to add new conditions to the three-year DPA, under which Boeing agreed to pay more than $2.5 billion in penalties and compensation to victims. Boeing also agreed to remedial changes to the way it reviews potential safety issues in its aircraft.
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2024-07-08T18:41:00Z By Aaron Nicodemus
Boeing will plead guilty to a felony and pay an additional $243.6 million for violating the terms of a 2021 settlement it made with the Department of Justice related to safety lapses that contributed to the crash of two airplanes.
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The Department of Justice notified aerospace giant Boeing it breached its 2021 deferred prosecution agreement that required compliance commitments following high-profile crashes of its 737 MAX airplane.
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Aerospace giant Boeing agreed to pay $8.1 million as part of a settlement with the Department of Justice addressing allegations it submitted false claims regarding military aircraft contracts it had with the Navy.
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The European Commission has launched a formal investigation against Elon Musk’s X under the Digital Services Act over fears that its AI tool Grok may be producing and disseminating illegal material.
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Three former executives at Archer-Daniels-Midland intentionally misled investors by inflating the performance of the company’s Nutrition unit, the U.S. Securities and Exchange Commission has alleged.
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