Wabash Settles Lawsuit Brought by Investors
Indiana-based trailer maker Wabash National Corp. has agreed to a $500,000 settlement to terminate a lawsuit brought by investors who claimed they were defrauded in a stock offering by the company three years ago. Under the agreement, which is subject to court approval, the company will pay that amount into a fund from which purchasers of stock in Wabash’s 1998 public offering who meet certain criteria