Investor Alert: Securities Class Action Lawsuit Filed Against Navistar International Corporation; Shareholders With Large Losses Encouraged to Contact Holzer Holzer & Fistel, LLC Regarding May 20th Lead Plaintiff Deadline
(firmenpresse) - ATLANTA, GA -- (Marketwired) -- 05/13/13 -- A class action lawsuit has been filed on behalf of investors who purchased common stock of Navistar International Corporation ("Navistar" or the "Company") (NYSE: NAV) between November 3, 2010 and August 1, 2012. The lawsuit, which was filed in the United States District Court for the Northern District of Illinois, alleges that during the relevant time period Navistar failed to adequately disclose issues the Company was facing regarding compliance with Environmental Protection Agency guidelines. On August 2, 2012, Navistar disclosed that it received a letter of inquiry from the SEC regarding accounting and disclosure matters, and the Company's stock price fell significantly on the news.
If you purchased Navistar common stock between November 3, 2010 and August 1, 2012, inclusive and suffered a net loss on those purchases, you have the legal right to petition the Court to be appointed a "lead plaintiff." A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. Any such request must satisfy certain criteria and be made no later than May 20, 2013. Any member of the purported class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.
Investors who are interested in serving as lead plaintiff or who have questions concerning their legal rights may contact Michael I. Fistel, Jr., Esq. () or Marshall P. Dees, Esq. () by email or via toll-free telephone at (888) 508-6832.
Holzer Holzer & Fistel, LLC dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.
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Datum: 13.05.2013 - 19:49 Uhr
Sprache: Deutsch
News-ID 259327
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