Monday, May 06, 2024 8:29:18 AM
Current Cummins Inc. (NYSE: CMI) shareholders who have held Cummins shares since prior to April 30, 2019, can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to them whatsoever. To participate or learn more at no cost to you visit: https://grabarlaw.com/the-latest/cummins-shareholder-investigation/
Grabar Law Office is investigating claims on behalf of Cummins shareholders. The investigation concerns whether certain officers and directors of Cummins have breached their fiduciary duties owed to the company.
Why: On January 10, 2024, the Department of Justice and State of California announced that diesel engine manufacturer Cummins agreed to pay a record $1.675 billion civil penalty for vehicle emissions test cheating.
In addition, a securities fraud class action complaint has been filed that further alleges that Cummins, via certain of its officers and directors, made materially false and/or misleading statements and/or failed to disclose that: (1) Contrary to its post-April 2019 Announcement assurances about its commitment to compliance, Cummins continued to produce engines with unlawful emission defeating devices from 2019 to 2023; (2) accordingly, Cummins understated its legal and regulatory risk, and overstated its commitment to environmental protection; and (3) as a result, Cummins’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Recent CMI News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/07/2024 09:02:37 PM
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 09/13/2024 06:45:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/12/2024 09:18:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/27/2024 10:54:46 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/23/2024 08:27:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/22/2024 08:25:04 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/21/2024 09:24:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/20/2024 06:17:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 05:50:18 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/15/2024 08:16:26 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/01/2024 03:27:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 11:50:59 AM
- Cummins Reports Strong Second Quarter 2024 Results • Business Wire • 08/01/2024 11:30:00 AM
- Accelera by Cummins Awarded $75 Million for Zero-Emissions Manufacturing from Department of Energy • Business Wire • 07/11/2024 06:00:00 PM
- Cummins Demonstrates How its Business and Sustainability Strategies Are Aligned, Effective in 2023-24 Sustainability Progress Report • Business Wire • 07/11/2024 11:30:00 AM
- Cummins Inc. Increases Quarterly Common Stock Dividend • Business Wire • 07/09/2024 08:15:00 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 07/09/2024 08:06:56 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 07/09/2024 08:05:55 PM
- Accelera by Cummins, Daimler Truck and PACCAR Complete Battery Joint Venture Transaction to Form Amplify Cell Technologies and Names New CEO • Business Wire • 06/04/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/03/2024 08:38:36 PM
- Cummins-Meritor Regional Brake Training Events Return in 2024 • Business Wire • 06/03/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/31/2024 05:31:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/30/2024 08:06:25 PM
- Tony Satterthwaite Retiring After Distinguished Career at Cummins • Business Wire • 05/30/2024 05:00:00 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/29/2024 08:14:45 PM
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