Reported 3 days ago
Wabash National Corporation has settled a significant nuclear verdict lawsuit concerning a 2019 accident that resulted in two fatalities, which initially led to a judgment of over $460 million. In its SEC filing, Wabash announced that though it believes the verdict was unjust, the settlement will require a contribution of approximately $30 million, significantly reducing potential financial exposure. This case highlights a concerning trend within the U.S. judicial system where reputable companies face aggressive lawsuits despite the facts.
Source: YAHOO