Federal suit alleges Navistar engines violated EPA emissions standards
The suit said Navistar broke the law by introducing into the marketplace approximately 7,750 heavy-duty diesel engines that did not meet the U.S. Environmental Protection Agency's (EPA) emissions standards applicable to 2010 engines. The lawsuit seeks injunctive relief and civil penalties of up to $37,500 per day for each violation.
KSF's investigation is focusing on whether Navistar and/or its officers and directors violated state or federal securities laws.
The law office of Kahn Swick & Foti, LLC, which is representing the Justice Department, said any shareholders or those who have information that would assist KSF in its investigation can call, without obligation, the law office toll-free at 1-877-515-1850 or email KSF managing partner Lewis Kahn (email@example.com).
KSF, whose partners include former Louisiana Attorney General Charles Foti, Jr., is a law firm focused on securities class action and shareholder derivative litigation, with offices in New York, California and Louisiana. KSF's lawyers have significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders.