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Market Chatter: US Judge Sets Expedited Timetable to Review Family Objections in Boeing Plan Crashes Plea Deal
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Market Chatter: US Judge Sets Expedited Timetable to Review Family Objections in Boeing Plan Crashes Plea Deal
Jul 15, 2024 10:55 AM

01:30 PM EDT, 07/15/2024 (MT Newswires) -- A federal judge set an expedited timetable for the objections of relatives of victims of two fatal crashes involving Boeing ( BA ) 737 MAX jets after the US Justice Department filed plea deal with the company, Reuters reported Monday.

Earlier this month, the plane manufacturer in principle agreed to plead guilty to a fraud conspiracy charge in connection with the two crashes and pay a $243.6 million fine.

The company will have two weeks to respond to the objections, District Judge Reed O'Connor of the US District Court for the Northern District of Texas said.

Boeing ( BA ) and the Justice Department did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 180.04, Change: -2.27, Percent Change: -1.25

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