Tag Archives: Navistar International Corporation

Business, Finance, Occupation & Industry

Law Offices of Todd M. Garber Announces Investigation of Navistar International Corporation

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By Business Wirevia The Motley Fool

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Law Offices of Todd M. Garber Announces Investigation of Navistar International Corporation

LOS ANGELES–(BUSINESS WIRE)– The Law Offices of Todd M. Garber announces that it is investigating potential claims against Navistar International Corporation (“Navistar” or the “Company”) (NYS: NAV) concerning possible violations of federal securities laws. Navistar through its subsidiaries, manufactures and sells commercial and military trucks, buses, diesel engines and recreational vehicles, and provides service parts for trucks and trailers worldwide.

The investigation is related to allegations that during the foregoing period the Company and certain of its executive officers issued false and misleading statements or failed to disclose that: (1) Navistar’s attempted methods to achieve compliance with EPA guidelines in truck manufacturing had failed and the Company would need to revise its plan to meet guidelines, incurring enormous costs to the Company; (2) the Company did not have engines ready to meet the 2010 EPA standards; and (3) Navistar’s filings with the Securities and Exchange Commission contained incomplete and misleading disclosures, including statements about the costs of recalls and details of various debts.

If you purchased Navistar shares between November 3, 2010 and August 1, 2012, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Todd M. Garber, Esquire, of the Law Offices of Todd M. Garber, by telephone at 213-700-7262 or by email to info@toddgarberlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Law Offices of Todd M. Garber
Todd M. Garber, Attorney at Law
Los Angeles, California
213-700-7262
info@toddgarberlaw.com

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:

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Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Navistar Shareholder Dispute: Briscoe Law Firm and Powers Taylor, LLP Announce Investigation of Poss

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By Business Wirevia The Motley Fool

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Navistar Shareholder Dispute: Briscoe Law Firm and Powers Taylor, LLP Announce Investigation of Possible Breaches of Fiduciary Duty

DALLAS–(BUSINESS WIRE)– Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor, LLP announce that a federal class action complaint was recently filed against Navistar International Corporation (“Navistar” or “Company”) (NYS: NAV) and certain of its officers and directors for potential securities violations between November 3, 2010 and August 1, 2012 (the “Class Period“).

Based upon these allegations, the firms are investigating potential legal claims against the officers and Board of Directors of Navistar International Corporation. If you are an affected investor and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zachary Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at zach@powerstaylor.com. There is no cost or fee to you.

In the class action complaint, Navistar and certain of its officers and directors were charged with violating provisions of the Securities Exchange Act of 1934. Notably, the complaint alleges that defendants made numerous misrepresentations, including that (a) Navistar would be forced to revise its plan to meet the EPA guidelines in truck manufacturing, which would create an immense cost to the Company; (b) Navistar did not meet the 2010 EPA standards for their engines; (c) the Company’s disclosures in their SEC filings were incomplete and misleading, including statements about the costs of recalls and details of various debts. According to the complaint, when the truth came out regarding the Company’s true financial condition and future prospects, the Navistar share price fell over 69% from its Class Period high.

“Based upon the recent revelations about alleged improper business practices and procedures regarding key aspects of Navistar’s business, our firms are investigating possible breaches of fiduciary duties and other violations of state law by Navistar’s officers and directors.” said shareholder rights attorney Willie Briscoe.

The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder …read more

Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Rigrodsky & Long, P.A. Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Navi

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Rigrodsky & Long, P.A. Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Navistar International Corporation

WILMINGTON, Del.–(BUSINESS WIRE)– Rigrodsky & Long, P.A.:

  • Do you, or did you, own shares of Navistar International Corporation (NYSE: NAV )?
  • Did you purchase your shares before November 3, 2010, or between November 3, 2010 and August 1, 2012, inclusive?
  • Did you lose money in your investment in Navistar International Corporation?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that a complaint has been filed in the United States District Court for the Northern District of Illinois on behalf of all persons or entities that purchased the common stock of Navistar International Corporation (“Navistar” or the “Company”) (NYSE: NAV) between November 3, 2010 and August 1, 2012, inclusive (the “Class Period“), alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its officers (the “Complaint”).

If you purchased shares of Navistar during the Class Period, or purchased shares prior to the Class Period and still hold Navistar, and wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact Timothy J. MacFall, Esquire or Peter Allocco of Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, NY at (888) 969-4242, by e-mail to info@rigrodskylong.com, or at: http://www.rigrodskylong.com/investigations/navistar-international-corporation-nav.

Navistar is an international manufacturer of International® brand commercial and military trucks, IC Bus™ brand buses, MaxxForce® brand diesel engines, and recreational vehicles (“RV“) under the Monaco® RV family of brands, as well as a provider of service parts for all makes of trucks and trailers. The Complaint alleges that throughout the Class Period, defendants made materially false and misleading statements, and omitted materially adverse facts, about the Company’s business, operations and prospects. Specifically, the Complaint alleges that the defendants concealed from the investing public that: (a) Navistar’s attempted methods to …read more
Source: FULL ARTICLE at DailyFinance