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Boeing 737 Max crash victims' families make final plea to scrap DOJ deal

1. Boeing faces potential criminal prosecution over 737 Max crashes killing 346 people. 2. Families demand justice; judge to hear arguments on dismissing felony charges. 3. Boeing proposed a non-prosecution agreement in exchange for $1.1 billion in penalties. 4. Judge's decision could influence public perception and future legal actions against Boeing. 5. Past agreements show Boeing's legal challenges remain complex and contentious.

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FAQ

Why Bearish?

Given the ongoing legal battles and potential criminal prosecution, Boeing's stock could face downward pressure. Historical instances, such as the grounding of the 737 MAX, have shown that legal issues can significantly impact Boeing's stock price negatively.

How important is it?

The implications of the legal proceedings and potential penalties are crucial for Boeing's financial health and investor confidence. Given the nature of the accusations and previous consequences, this news is highly relevant to Boeing and its stakeholders.

Why Short Term?

The immediate legal hearings and decisions are likely to affect investor sentiment swiftly. Historical examples suggest that ongoing court cases often result in short-term stock volatility.

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