Boeing agreed to pay $200 million to settle a Securities and Exchange Commission investigation into allegations that the plane maker and its former chief executive made misleading statements about the 737 MAX’s safety risks after two of the jets crashed.

Dennis Muilenburg, Boeing’s former CEO, agreed to pay $1 million to settle the SEC’s claims, the agency said on Thursday. Both the company and Mr. Muilenburg resolved the investigation without admitting or denying wrongdoing.

This post first appeared on wsj.com

You May Also Like

Colorado county clerk indicted in election security breach case

WASHINGTON — A grand jury in Colorado has indicted Mesa County clerk…

Promising melanoma therapy could be the next major advancement in cancer treatment

An experimental treatment for advanced melanoma is poised to be the next…

Colonial Pipeline Moving Fuel Despite Disruptions to Orders System

The Colonial Pipeline’s ordering system suffered intermittent disruptions Tuesday morning, but the…

Colorado police officer shot and killed while on duty, suspect in custody

A 27-year-old police officer was killed while responding to a call for…