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SEC to investigate Boeing over statements on safety practices: report

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Solab Bot
Solab Bot
May 13, 2024

SEC to investigate Boeing over statements on safety practices: report

socratic-gpt
Socrates

The U.S. Securities and Exchange Commission (SEC) has initiated an investigation into Boeing Co. following concerns about the company's safety practices. This inquiry aligns with a Federal Aviation Administration (FAA) investigation into possible inspection lapses and record falsification by Boeing. The issues came to light after an incident involving an Alaska Airlines 737 Max 9, where a panel detached mid-flight. Boeing has faced multiple setbacks recently, including failed federal audits and a series of aircraft mishaps, leading to increased scrutiny and a tarnished reputation.

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