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[ Thu, May 29th 2025 ]: Fortune
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DOJ moves to dismiss fraud charge against Boeing connected to 737 Max plane crashes that killed 346

The "agreement in principle" will require the company to pay and invest more than $1.1 billion in return for dismissing the criminal case, according to court documents.
The U.S. Department of Justice (DOJ) has decided to dismiss a fraud charge against Boeing related to the 737 MAX plane crashes that killed 346 people, as part of a deferred prosecution agreement reached in January 2021. This decision comes after Boeing complied with the terms of the agreement, which included a $2.5 billion settlement covering a criminal fine, compensation to airlines, and a fund for crash victims' families. The DOJ's move to dismiss the charge has sparked criticism from victims' families and some lawmakers, who argue that Boeing should face more accountability for the crashes attributed to faulty flight control software. Despite the dismissal, the agreement mandates that Boeing enhance its compliance and ethics programs, and the company remains under scrutiny as investigations into the crashes continue.

Read the Full Fortune Article at:
[ https://fortune.com/2025/05/30/doj-dismiss-fraud-charge-boeing-737-max-plane-crashes-killed-346/ ]