Title: Boeing: Corporate Rap Sheet | Corporate Research Project
Headings: Boeing: Corporate Rap Sheet
Boeing: Corporate Rap Sheet
Boeing

Content: The settlement, in which Boeing admitted no wrongdoing, involved payment of $500,000 in cash and an annuity to the family of one employee who claimed that he developed leukemia as a result of the exposure. The company also agreed to pay for regular medical examinations over ten years for the other class members, who reserved the right to bring claims for compensation if they develop adverse health effects. In 1991 the U.S. Environmental Protection Agency fined the company $620,475 for improper storage of hazardous wastes and deficiencies in its training practices regarding toxics. That same year the company was sued by a group of employees who charged that Boeing had concealed the dangers of a substance (Ferro CPH2284P) they were exposed to on the job. In December 2010 Boeing was one of the parties that agreed to provide $3.25 million in funding to help clean up TCE contamination at the Moses Lake Wellfield Superfund site in Washington State. Product Safety. Because of its years of dominance in the commercial aircraft market, Boeing was frequently at the center of controversies over air safety. For example, after a Japan Air Lines 747 crashed during a domestic flight in 1985, killing 520 people, Boeing admitted that it had performed faulty repairs on the plane’s rear safety bulkhead. For more than a decade after that, there were repeated reports of defects in the company’s planes. In 1989 the U.S. Federal Aviation Administration ordered inspections of engine monitoring and fire alarm systems on more than 700 Boeing 737s—all of those built since the end of 1980—after one of those jets crashed in Britain as a result of malfunctions in two engines.