Families of 737 MAX Crash Victims Seek $25 Billion Boeing Fine, Bloomberg Reports

--Families of the victims of two fatal 737 Max crashes are asking the Justice Department to seek to fine Boeing Co. nearly $25 billion, Bloomberg reported.

--A lawyer suggested that $14 billion to $22 billion of the total amount could be suspended if Boeing devotes those funds to an independent corporate monitor and improvements to its safety programs.

--A lawyer said DOJ should pursue criminal prosecution of the company and that the planemaker's board of directors should be ordered to meet with the families, according to Bloomberg.

--The letter comes a day after Boeing Chief Executive Officer Dave Calhoun faced a public grilling from US senators, who called on the company to fix its "broken safety culture."

Full article at https://www.bloomberg.com/news/articles/2024-06-19/737-max-crash-victims-families-seek-25-billion-fine-on-boeing?srnd=homepage-americas

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

June 20, 2024 06:59 ET (10:59 GMT)

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