BA - Boeing 737 Max Crash Victim Families Call For $25B Fine As CEO Dave Calhoun Gets Grilled By Senators | Benzinga
In the wake of two fatal 737 Max crashes, the victims’ families are calling on the Justice Department to impose a fine of nearly $25 billion on Boeing Co. (NYSE:BA). The families have described the incident as “the deadliest corporate crime in U.S. history.”
What Happened: The families’ attorney, Paul Cassell, argues that the proposed fine is “legally justified and clearly appropriate,” Bloomberg reported on Thursday. Cassell, who is representing 15 victims’ families, suggested that $14 billion to $22 billion of the total fine could be suspended if Boeing allocates those funds to an independent corporate monitor and enhancements to its safety programs.
The demand comes a day after Boeing CEO Dave Calhoun ...