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    • Misappropriating trade secrets

      • Boeing, a longstanding giant in the aerospace industry, recently found itself on the losing end of a high-stakes legal battle. The company has been ordered to pay a substantial $72 million fine for misappropriating trade secrets from Zunum Aero, a smaller company specializing in hybrid-electric aircraft.
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  2. Jan 7, 2021 · Under the terms of the DPA, Boeing will pay a total criminal monetary amount of over $2.5 billion, composed of a criminal monetary penalty of $243.6 million, compensation payments to Boeing’s 737 MAX airline customers of $1.77 billion, and the establishment of a $500 million crash-victim beneficiaries fund to compensate the heirs, relatives ...

  3. Jan 7, 2021 · The settlement includes a $243.6 million criminal fine, compensation payments of $1.77 billion to Boeing’s airline customers and an additional $500 million to a fund...

  4. Jan 7, 2021 · Published Jan. 7, 2021 Updated Oct. 15, 2021. Boeing agreed to pay more than $2.5 billion in a legal settlement with the Justice Department stemming from the 737 Max debacle, the government...

  5. Sep 22, 2022 · Press Release. Boeing to Pay $200 Million to Settle SEC Charges that it Misled Investors about the 737 MAX. Former CEO Agrees to Settle to Same Charges and Pay $1 Million. FOR IMMEDIATE RELEASE. 2022-170. Washington D.C., Sept. 22, 2022 —

  6. Jan 7, 2021 · Boeing has agreed to pay $2.5bn (£1.8bn) to settle US criminal charges that it hid information from safety officials about the design of its 737 Max planes. The US Justice Department said the...

  7. May 7, 2024 · Boeing agreed as part of the DPA to pay a total of over $2.5 billion, composed of a criminal monetary penalty of $243.6 million, compensation payments to Boeing’s 737 MAX airline customers of $1.77 billion, and a $500 million fund (Fund) to compensate the heirs, relatives, and legal beneficiaries of 346 individuals who died in the two Boeing ...

  8. Jan 7, 2021 · Key Points. Boeing agreed to pay a $2.5 billion fine to settle a criminal conspiracy charge, ending a roughly two-year investigation. The Justice Department said Boeing employees concealed...

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