Boeing Pays $200 Million To Settle SEC Charges Over 737 Max

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.

What was the amount Boeing agreed to pay to settle the lawsuit with the SEC?

• $300 million

• $400 million

• $200 million

• $100 million

When was the Boeing 737 Max first introduced?

• May 2018

• May 2019

• May 2017

• May 2016

How many people lost their lives in the two crashes involving the 737 Max?

• 546

• 446

• 346

• 246

For how long was the 737 Max banned from flying worldwide?

• 20 months

• 15 months

• 10 months

• 25 months

What was the primary issue that Boeing fixed to allow the 737 Max to return to service?

• Engine problems

• Fuel system issues

• Landing gear issues

• Software problems