Attorney Feinberg distributing $50M for Boeing victim compensation
Victim Compensation Attorney Ken Feinberg discusses Boeing 737 Max victim compensation programs and plans to distribute $50 million to crash victims.
Federal prosecutors investigating Boeing Co (BA.N) are examining whether the U.S. planemaker knowingly misled the Federal Aviation Administration while it was seeking approval for its 737 MAX jet, the New York Times reported, citing two people familiar with the matter.
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Boeing said it was cooperating with the U.S Department of Justice investigation.
The prosecutors have questioned several Boeing employees in recent months, focusing on whether Mark Forkner, a top pilot at the company, intentionally lied to the regulator about the nature of new flight control software on the jet, according to the report.