Wabash to Explore All Options in Response to St. Louis Circuit Court Verdict
06 September 2024 - 8:50PM
Wabash (NYSE: WNC) today announced it is evaluating all
available legal options in response to the verdict by a St. Louis
jury in Williams et al. v. Wabash. The case concerns a 2019 motor
vehicle accident in which a passenger vehicle traveling at a high
speed struck the back of a nearly stopped 2004 Wabash trailer.
“While this was a tragic accident, we respectfully
disagree with the jury’s verdict and firmly believe it is not
supported by the facts or the law,” said Wabash’s General Counsel
and Chief Administrative Officer Kristin Glazner. “No rear impact
guard or trailer safety technology has ever existed that would have
made a difference here.”
The accident occurred nearly two decades after the
trailer involved was manufactured by Wabash in compliance with all
existing regulatory standards.
Additionally, despite precedent to the contrary,
the jury was prevented from hearing critical evidence in the case,
including that the driver’s blood alcohol level was over the legal
limit at the time of the accident. The fact that neither the driver
nor his passenger was wearing a seatbelt was also kept from the
jury, even though plaintiffs argued both would have survived a
55-mile-per-hour collision had the vehicle not broken through the
trailer's rear impact guard.
Wabash stands firmly behind the quality and safety
of all its products, and this ruling will not prevent the company
from continuing to provide its customers with products that
contribute to safer roads.
Wabash: Changing How the World Reaches
YouWabash (NYSE: WNC) is the visionary leader of connected
solutions for the transportation, logistics and distribution
industries that is Changing How the World Reaches You®.
Headquartered in Lafayette, Indiana, the company enables customers
to thrive by providing insight into tomorrow and delivering
pragmatic solutions today to move everything from first to final
mile. Wabash designs, manufactures, and services a diverse range of
products, including: dry freight and refrigerated trailers, flatbed
trailers, tank trailers, dry and refrigerated truck bodies,
structural composite panels and products, trailer aerodynamic
solutions, and specialty food grade processing equipment. Learn
more at www.onewabash.com.
Media Contact: Dana
StelselDirector, Communications(765)
771-5766dana.stelsel@onewabash.com
Investor Relations: Ryan ReedVice
President, Corporate Development & Investor Relations(765)
490-5664ryan.reed@onewabash.com
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