Wabash National hit with $462M verdict in trailer equipment case [Yahoo! Finance]
Wabash National Corporation (WNC)
Last wabash national corporation earnings: 2/12 06:50 am
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Source: Yahoo! Finance
The case involves a fatal crash of a car into the back of a truck in 2019 in which two people in the car were killed. The St. Louis jury reached their verdict – which includes $450 million in punitive damages and $6 million each to the families of the two victims in compensatory damages – after three hours of deliberations following a two-week trial, according to Courtroom View Network (CVN), a civil litigation service. The verdict could have major implications for the trucking industry, which has resisted regulations to require impact guard equipment to prevent cars from sliding underneath trailers causing fatal accidents. “We hope the decision the jurors reached sends a clear message to the trucking and trailer industry and will finally force them to build safer trailers,” CVN noted, quoting plaintiff co-counsel Brian Winebright of Cantor Injury Law after the trial. Lafayette, Indiana-based Wabash National ( NYSE: WNC ) maintained that the accident occurred nearly two decade
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News
- Wabash Honored as One of America's Most Admired Workplaces 2025 by NewsweekGlobeNewswire
- Wabash National: Value Has Emerged For This Wonderful Company (Rating Upgrade) [Seeking Alpha]Seeking Alpha
- Why We Like The Returns At Wabash National (NYSE:WNC) [Yahoo! Finance]Yahoo! Finance
- Wabash National Co. (NYSE: WNC) had its price target lowered by analysts at DA Davidson from $23.00 to $18.00. They now have a "neutral" rating on the stock.MarketBeat
- Wabash to Explore All Options in Response to St. Louis Circuit Court VerdictGlobeNewswire
WNC
Earnings
- 7/24/24 - Beat
WNC
Sec Filings
- 9/6/24 - Form 8-K
- 9/4/24 - Form 3
- 8/20/24 - Form 8-K
- WNC's page on the SEC website