July 1, 2024 – 1:57 AM PDT
(Reuters) – The U.S. Justice Department will criminally charge Boeing (BA.N) with fraud over two fatal crashes and ask the planemaker to plead guilty or face a trial, two people familiar with the matter said on Sunday.
Advertisement
The Justice Department planned to formally offer a plea agreement to Boeing later in the day, which includes a financial penalty and imposition of an independent monitor to audit the company’s safety and compliance practices for three years, the sources said.
Justice Department officials plan to give Boeing until the end of the week to respond to the offer, which they will present as nonnegotiable, the sources said. Should Boeing refuse to plead guilty, prosecutors plan to take the company to trial, they said.
Boeing and the Justice…
