159m

Navistar Agrees to Pay $159M to Settle Lawsuits Against MaxxForce Engines

Class members can opt for a “no questions asked” payment of $2,500 per truck purchased, said attorney Jonathan Selbin, co-lead counsel for the plaintiffs in the case. The fallout from the MaxxForce line also led to several years of multi-billion dollar losses for Navistar. In an 8-K form filed Wednesday with the Securities and Exchange Commission, Navistar notified shareholders of the pending …