Carl Icahn tells Navistar (NAV) that he will proceed with a lawsuit and proxy fight if...

|About: Navistar International Co... (NAV)|By:, SA News Editor

Carl Icahn tells Navistar (NAV) that he will proceed with a lawsuit and proxy fight if management doesn't shape up. At the top of the list, the investor wants to be advised along with other large shareholders on major changes and is pushing for an additional four board members to be appointed. With close to 15% of the company's shares in his back pocket, Icahn carries plenty of clout.