kscarbel2 Posted December 18, 2015 Share Posted December 18, 2015 The Wall Street Journal / December 17, 2015Truck maker Navistar International Corp. hopes to pay the U.S. Securities and Exchange Commission (SEC) to settle a probe into past disclosures about the departure of a chief executive and an exhaust-treatment technology.Navistar said the agency’s staff recommended acceptance of its settlement offer, but it released no details, noting that the offer hasn’t been formally approved by the SEC.The company’s offer wouldn’t require it to admit or deny any wrongdoing, it said in a regulatory filing, and the company has set aside an undisclosed amount to cover a civil penalty.“We have reached an agreement with the staff of the SEC that will end their investigation,” said Steven Covey, Navistar’s general counsel. “Beyond that, we’re, not making any announcement right now.”The company still faces lawsuits from customers and regulators. Quote Link to comment https://www.bigmacktrucks.com/topic/43167-navistar-offers-to-settle-with-sec/ Share on other sites More sharing options...
james j neiweem Posted December 27, 2015 Share Posted December 27, 2015 Saw an article on face book that 2700 military vehicles made by Navistar have been purchased by Homeland Security to be used on American streets. What's up O Bummer? Quote Link to comment https://www.bigmacktrucks.com/topic/43167-navistar-offers-to-settle-with-sec/#findComment-317545 Share on other sites More sharing options...
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