LOS ANGELES--(BUSINESS WIRE)--
The Law Offices of Todd M. Garber announces that shareholders of Navistar International Corporation (“Navistar” or the “Company”) (NAV) have until May 20, 2013 to move for lead plaintiff status in the shareholder lawsuit filed in the United States District Court for the Northern District of Illinois. The lawsuit was filed on behalf of a class (the “Class”) comprising all purchasers of Navistar common stock between November 3, 2010 and August 1, 2012, inclusive (the “Class Period”).
The Complaint alleges that throughout the Class Period the Company misrepresented and/or failed to disclose that: (1) Navistar’s attempted methods to achieve compliance with Environmental Protection Agency guidelines in truck manufacturing had failed and Navistar would be forced to revise its plan to meet guidelines, incurring enormous costs to the Company; (2) Navistar 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 are a member of the above-described Class, you may move the Court no later than May 20, 2013 to serve as lead plaintiff; however, you must meet certain legal requirements. To be a member of the Class you need not take any action at this time. You may retain counsel of your choice or take no action and remain an absent Class member.
If you purchased Navistar stock prior to the Class Period, or have any questions concerning this Notice 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 email@example.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
- Company Legal & Law Matters
- Mutual Funds
Todd M. Garber, Attorney at Law
Los Angeles, California