CMI - UBS Comments on Cummins' (CMI) Record-Setting $1.675 Billion US Environmental Fine Amid Investor Class Action – Hagens Berman | Benzinga

SAN FRANCISCO, Feb. 02, 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
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Cummins Inc. (CMI) Securities Fraud Class Action:

In a report to clients, analysts at UBS recently commented on Cummins' agreement to pay a $1.675 billion fine for installing devices on hundreds of thousands of engines to allow them to emit excess pollution, the largest-ever civil penalty for a Clean Air Act violation.

UBS remarked that "the settlement is bigger than we were expecting," noting that it "equates to ~5.8% of [Cummins'] ...

CMI) Record-Setting $1.675 Billion US Environmental Fine Amid Investor Class Action – Hagens Berman>Full story available on Benzinga.com