maxxforce

Settlements May 30, 2019

Navistar to Settle Class Action for $135 Million Over Defective MaxxForce Engines

Navistar International has agreed to pay $135 million to truck owners to settle class action complaints over defective MaxxForce engines. “After years of hard-fought litigation, we believe this settlement represents an outstanding result for class members,” Selbin said in a statement. “We are also pleased Navistar stepped up to take care of its customers.”If the settlement is approved, class …

Settlements May 30, 2019

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 …