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Boeing Could Face SEC Probe Into 737 MAX Groundings: Report

Tony Owusu

gets some news about the flight availability of its beleaguered 737 MAX jet, the company may face a probe about the plane from the Securities and Exchange Commission, according to a published report. The equity market regulator is expected to review whether the company was forthcoming to investors about potential problems with the aircraft, which has been involved in two deadly crashes over the past eight months, Bloomberg reported. The agency also is reviewing Boeing's accounting to make sure its financial statements accurately have prepared shareholders for potential impacts from the grounding of the plane.