Ex-Navistar CEO Ustian faces SEC suit over emissions disclosures

Daniel Ustian, CEO of Navistar International Corp., during the introduction of the Navistar LoneStar big-rig truck at the Chicago Auto Show in Feb. 2008. (BLOOMBERG)

March 31, 2016 05:00 AM

WASHINGTON (Reuters) -- Navistar International Corp. agreed to pay a $7.5 million fine to settle Securities and Exchange Commission charges that it defrauded investors into believing a diesel truck engine it was developing could meet tough federal emissions standards.

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