The Boeing Company ( BA ) shares are slightly higher on Monday after the company entered into a plea deal with the Department of Justice.

What Happened: Boeing ( BA ) agreed to a plea deal with the Department of Justice where Boeing ( BA ) would plead guilty and avoid going to trial for conspiracy to defraud the United States, according to the Associated Press.

Under the plea deal, Boeing ( BA ) will pay a $243.6 million fine and invest at least $455 million into its safety and compliance programs. Also, an independent monitor would be appointed to monitor Boeing’s quality procedures. This deal is still pending approval by a federal judge.

The case stems from two 737 Max crashes that killed 346 people. Originally Boeing ( BA ) and the Department of Justice entered into a settlement agreement that allowed Boeing ( BA ) to avoid prosecution for the two crashes for over three years. However, the justice department said that Boeing ( BA ) violated the agreement. Prosecutors then decided to file criminal charges against the company.

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BA Price Action: At the time of publication, Boeing ( BA ) shares are trading up 0.96% at $186.61, according to data from Benzinga Pro.

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