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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WNC
News
- Wabash Expands Parts and Services Distribution Network, Strengthens Aftermarket Support in Seven StatesGlobeNewswire
- Weak Q3 numbers bear out Proficient Auto Logistics' prediction [Yahoo! Finance]Yahoo! Finance
- Wabash National Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Wabash National Corporation (WNC) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Wabash National Non-GAAP EPS of $0.19 misses by $0.04, revenue of $464M misses by $13.35M [Seeking Alpha]Seeking Alpha
WNC
Earnings
- 10/25/24 - Miss
WNC
Sec Filings
- 11/12/24 - Form SC
- 11/4/24 - Form SC
- 10/24/24 - Form 10-Q
- WNC's page on the SEC website