Wabash turns $462M adverse verdict into $30M payout
Yahoo Finance·2025-10-16 00:48

This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. Dive Brief: Wabash agreed to settle a legal case involving a fatal crash with a 30millionpayoutafterinitiallyfacing30 million payout after initially facing 450 million in punitive damages and 12millionincompensatorydamages,accordingtoasecuritiesfilinglastweek.AMissouriCircuitCourtpreviouslyreducedtheSeptember2024punitivedamagesto12 million in compensatory damages, according to a securities filing last week. A Missouri Circuit Court previously reduced the September 2024 punitive damages to 108 million in March after the OEM sou ...