Boeing pays $200 million to settle SEC charges over 737 Max

Boeing Co. will pay $200 million to settle charges that the company and its former CEO misled

investors about the safety of its 737 Max after two of the airliners crashed killing 346 people

CEO Dennis Muilenburg with making significant misleading public statements about the plane 

they offered to settle and pay penalties including $1 million to be paid by Muilenburg

Boeing and Muilenburg put profits over people by misleading investors about the safety of the 737

Max all in an effort to rehabilitate Boeing’s image" after the crashes, said Gurbir Grewal, director of the SEC’s enforcement division.

After the crash in Ethiopia, Muilenburg said on a call with investors and Wall Street analysts 

Boeing reached a separate $2.5 billion settlement with the Justice Department last year

Boeing knew when it made that claim that MCAS would need to be fixed and was already designing changes