Navistar International Corporation
Recent News About Navistar International Corporation
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Judge OKs $135M deal to end class actions vs Navistar over Maxxforce engine; Lawyers to get $36M
Truck owners and lessors could get $2,500 per truck; up to $15,000 for repairs; or $10,000 rebate toward purchase of new truck -
Judge: SEC OK to continue suit vs Navistar CEO for misleading investors on development of diesel engine
A Chicago federal judge will allow the Securities and Exchange Commission to continue the bulk of its legal action against the former president and CEO of Navistar for allegedly misleading investors and the federal government by lying about Navistar’s development of a new diesel engine that met heightened emissions standards. -
Judge tosses $70M RICO lawsuit accusing Navistar of selling shoddy school buses, profiting from repairs
Lisle-based truck and bus maker Navistar has for now escaped the need to face a $70 million racketeering lawsuit after a Chicago federal judge granted its motion to dismiss the complaint, which alleged it had sold shoddy school buses, and then profited on the back-end from needed and repeated repairs. -
School bus companies hit Navistar with $70 million RICO suit over defective buses
Two suburban bus companies have accused diesel truck and bus maker Navistar of racketeering, alleging Navistar knowingly sold defective school buses on the front end, and then its affiliated companies continued to reap profits on the back end from money paid by the bus companies to consistently service and repair the buses’ purportedly faulty engines and braking systems.