Judge approves Boeing settlement with investors over 737 Max

The final version of the 737 Max, the Max 10, takes off from Renton Airport in Washington on its first flight on June 18 2021 (Ellen M Banner/The Seattle Times via AP, Pool)

A US judge has approved a 237.5 million dollar (£177.5 million) settlement of a lawsuit in which Boeing investors accused company board members of failing to properly oversee safety issues around the 737 Max before two of the planes crashed, killing 346 people.

The investors filed the so-called derivative lawsuit on behalf of Boeing.