NEW YORK, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Cummins Inc. (“Cummins” or the “Company”) (NYSE: CMI) on behalf of Cummins stockholders. Our investigation concerns whether Cummins has violated the federal securities laws and/or engaged in other unlawful business practices.
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The probe was triggered by a press release from the United States Department of Justice on December 22, 2023. The release exposed that Cummins Inc. had agreed in principle to a penalty of $1.675 billion. This settlement aims to resolve claims that Cummins violated the Clean Air Act by installing emissions defeat devices on hundreds of thousands of its engines.
Upon the release of this news, Cummins’ stock price took a hit, plunging by 2.87% and closing at $236.99.
If you purchased or otherwise acquired Cummins shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
