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SEC Charges Navistar and its CEO for Misleading Investors
- Jessica Sleater
- Mar 31, 2016
- 1 min read
Navistar International Corp. and its former Chief Executive Officer, Daniel Ustain, agreed to settle their charges with the SEC for $7.5 million for misleading investors by failing to disclose their difficulties of obtaining Environmental Protection Agency (EPA) certification for an advanced technology truck engine that they later abandoned. Click here to read more.
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