Investing.com -- Boeing (NYSE:BA) has tentatively reached a nonprosecution agreement with U.S. prosecutors in connection to a fraud case. This case originates from two fatal 737 MAX plane crashes that resulted in the death of 346 individuals, according to a report from Reuters, citing sources familiar with the situation.
This tentative agreement could potentially prevent a trial that was scheduled for June 23, where Boeing was facing charges of misleading U.S. regulators about a crucial flight control system on the 737 MAX. However, this agreement still requires approval from a judge.
Previously, Boeing had agreed to plead guilty in the case. However, this stance has changed after a judge rejected a previous plea agreement in December, as reported by prosecutors during a meeting with the family members of crash victims on Friday.
Despite this tentative nonprosecution agreement, officials from the Department of Justice (DOJ) are still considering whether to proceed with the agreement or to take Boeing to trial. This was communicated by a DOJ official during the meeting with the family members of the victims.
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