| COMPANY |
Cummins Inc. |
| COURT |
United States District Court for the Central District of California |
| CASE NUMBER |
23-cv-00369 |
| JUDGE |
The Hon. Maame Ewusi-Mensah Frimpong |
| CLASS PERIOD |
April 30, 2019 through December 21, 2023 |
| SECURITY TYPE |
Securities |
Case Background:
This is a class action lawsuit on behalf of those who purchased or acquired Cummins Inc. (“Cummins”) (NYSE: CMI) securities between April 30, 2019 and December 21, 2023, both dates inclusive (the “Class Period”).
The complaint alleges that, throughout the Class Period, Defendants 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, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Current Status of Case:
The lead plaintiff deadline was March 15, 2024, and the Court has not yet appointed a lead plaintiff. The action is ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270-1453 or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.