Boeing's Day of Reckoning: Trial Date Set Amidst Ongoing Fraud Case

A U.S. judge has set a June 23 trial date for Boeing in a criminal fraud case related to misrepresentations about the 737 MAX. Boeing seeks to withdraw a prior plea deal, while victims' families and authorities call for accountability. Future negotiations remain uncertain.

A U.S. judge sets a June 23 trial date in Boeing's criminal fraud case, after Boeing agreed to plead guilty to misrepresentations about the 737 MAX. Previously, the judge rejected a plea deal due to diversity provisions.

Boeing and the Justice Department are in active discussions for a new resolution. However, victims' families criticize past deals as insufficient, demanding full prosecution.

The Justice Department labeled Boeing's actions the deadliest corporate crime in U.S. history, and officials emphasize the need for firm regulatory responses as ongoing issues at Boeing surface.

(With inputs from agencies.)