CMI - Cummins (CMI) $1.675 Billion DOJ Penalty Precipitates Securities Fraud Class Action – Hagens Berman | Benzinga

SAN FRANCISCO, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Cummins Inc. (NYSE:CMI) investors who suffered substantial losses to submit your losses now.

Class Period: Apr. 30, 2019 – Dec. 21, 2023
Lead Plaintiff Deadline: Mar. 15, 2024
Visit: www.hbsslaw.com/investor-fraud/cmi
Contact An Attorney Now: CMI@hbsslaw.com
                                             844-916-0895

Cummins Inc. (CMI) Securities Fraud Class Action:

In the past, Cummins has repeatedly assured investors that it has taken steps to ensure that its RAM 2500 and 3500 pickup truck engines and applications meet applicable emissions regulations.

A recently filed securities fraud class action complaint alleges Cummins made misleading statements and concealed that: (1) contrary to its post-April 2019 assurances about its commitment to compliance, Cummins continued to produce engines utilizing undisclosed engine control software features from 2019 to 2023; and (2) accordingly, the company understated its legal and regulatory risks.

Investors learned the truth on Dec. 22, 2023, when the U.S. Department of Justice announced an initial ...

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