| Company: | Navistar International Corp. |
| Ticker Symbol: | PINK SHEETS: NAVZ |
| Class Period: | February 14, 2003 to July 17, 2006 |
| Date Filed: | Dec-17-07 |
| Lead Plaintiff Deadline: | Feb-15-08 |
| Court: | Northern District, IL |
| Allegations: |
A securities fraud lawsuit has been filed on behalf of investors who purchased Navistar International Corp. (Pink Sheets: NAVZ) securities on the open market from February 14, 2003 through July 17, 2006.
The action is pending in the U.S. District Court for the Northern District of Illinois (Index No. 07 C 7014), against Navistar, certain of its current and former senior management and Deloitte & Touche LLP, Navistar's former outside auditing firm. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder.
The complaint alleges that the defendants knowingly and fraudulently misrepresented Navistar's financial results during the class period. When the truth began to be revealed to the market, beginning on December 14, 2005 and continuing through July 17, 2006, Navistar's stock price fell from $30.28 to $20.95, a 30% drop.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.
The action is pending in the U.S. District Court for the Northern District of Illinois (Index No. 07 C 7014), against Navistar, certain of its current and former senior management and Deloitte & Touche LLP, Navistar's former outside auditing firm. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder.
The complaint alleges that the defendants knowingly and fraudulently misrepresented Navistar's financial results during the class period. When the truth began to be revealed to the market, beginning on December 14, 2005 and continuing through July 17, 2006, Navistar's stock price fell from $30.28 to $20.95, a 30% drop.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.
