17:16:23 EDT Sun 25 May 2025
Enter Symbol
or Name
USA
CA



Boeing CDR (CAD Hedged)
Symbol BA
Shares Issued 1,150,000
Close 2025-02-28 C$ 30.11
Market Cap C$ 34,626,500
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Globe/AP say trial date set in Boeing criminal case

2025-03-26 08:01 ET - In the News

The Globe and Mail reports in its Wednesday edition that a federal judge in Texas has set a June trial date for the U.S. government's years-old conspiracy case against Boeing for misleading regulators about the 737 Max jetliner before two of the planes crashed, killing 346 people. An Associated Press dispatch to The Globe says that U.S. District Justice Reed O'Connor did not explain in the scheduling order he issued on Tuesday why he decided to set the case for trial. Lawyers for the aerospace company and the Justice Department have spent months trying to renegotiate a July, 2024, plea agreement that called for Boeing to plead guilty to a single felony charge. The judge rejected that deal in December, saying that diversity, inclusion and equity policies the Justice Department had in place at the time might influence the selection of a monitor to oversee the company's compliance with the terms of its proposed sentence. Since then, Justice O'Connor had three times extended the deadline for the two sides to report how they planned to proceed. His most recent extension, granted earlier this month, gave them until April 11 to "confer on a potential resolution of this case short of trial." A trial date is set for June 23.

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