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New York Post
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Boeing ordered to face June 23 fraud trial over 737 MAX crashes after plea deal collapse

1. June 23 trial date set for Boeing's criminal fraud case. 2. Boeing plea deal included $487.2 million fine for fraud. 3. Families of crash victims demand stronger accountability for Boeing. 4. Recent incidents underscore ongoing safety issues at Boeing. 5. Regulators push for tougher stance on Boeing's compliance.

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FAQ

Why Very Bearish?

Ongoing legal troubles and potential criminal conviction could severely harm Boeing's reputation and stock price, mirroring past implications from major scandals, like Enron.

How important is it?

The article highlights critical legal challenges faced by Boeing, which significantly impacts its market standing and future profitability.

Why Long Term?

The implications of a conviction or trial outcome may affect Boeing's long-term business operations and investor trust, similar to how GM's ignition switch scandal impacted its recovery efforts.

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