CMI - Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Cummins Inc. (CMI) | Benzinga

NEW YORK, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of all persons or entities who purchased the securities of Cummins, Inc. ("Cummins" or the "Company") (NYSE:CMI) between April 30, 2019 and December 21, 2023, both dates inclusive (the "Class Period").

The Complaint alleges that defendant Cummins purports to be a "a global power leader." Cummins "designs, manufactures, distributes and services diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, axles, drivelines, brakes, suspension systems, electric power generation systems, batteries, electrified power systems, electric powertrains, hydrogen production and fuel cell products."

The Complaint alleges that Defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) contrary ...

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