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Boeing Pays $200 Million To Settle SEC Charges Over 737 Max
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Boeing agreed to pay $200 million to settle a lawsuit with the SEC for misleading the public about the safety of the 737 Max. The aircraft, introduced in 2017, crashed twice within two years, resulting in 346 fatalities. Consequently, it was grounded worldwide for 20 months. Boeing has since resolved the software issues that led to the crashes, and the 737 Max is now back in service.
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