Boeing Directors Win Approval of $237 Million 737 Max Settlement

Boeing Co. directors won approval of a settlement valued at more than $237 milion over investors’ claims that board members ignored safety issues tied to 737 Max jetliners, whose fatal crashes have cost the company more than $20 billion.

• A Delaware judge gave final approval to the accord Wednesday, which requires insurers covering directors to pay for the deal
• Money from the settlement goes back into Boeing’s coffers rather to victims of the crashes or shareholders
• Boeing directors faced scathing criticism of their handling of two fatal accidents involving the 737 Max that claimed 346 lives
• The deal requires the ...