Boeing Near Settlement of Charges; Paper: Airline Makermay Pay $500 Millionto Avoid Prosecution

The Columbian › September 13, 2005

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Summary

CHICAGO (AP) -- Boeing Co. is negotiating a settlement with the Justice Department in which the defense contractor and airplane maker may pay the government as much as $500 million to avoid prosecution in two federal investigations, a published report said Friday.

The Wall Street Journal, citing unidentified sources, said talks are ongoing and a final agreement is expected to take at least several more weeks to put together.

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Extract

Boeing Near Settlement of Charges; Paper: Airline Makermay Pay $500 Millionto Avoid Prosecution

If reached, the newspaper said, a settlement would resolve allegations that Boeing improperly obtained thousands of pages of propr...

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