Wabash National's punitive damages in product liability suit reduced from $450M to $108M; compensatory $11.5M stands

WABASH NATIONAL Corp

Circuit Court reduced punitive damages to $108M (from $450M); compensatory remains $11.5M.
Company believes award still abnormally high, verdict unsupported by facts/law; evaluating appeal.
Jury was prevented from hearing evidence including driver's blood alcohol over legal limit and seatbelt non-use.
Company faces potential material adverse impact on financial condition, results, cash flows.

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