Cummins, Inc. (NYSE: CMI)

This lawsuit is for anyone who acquired securities in Cummins, Inc. (NYSE: CMI) from April 30, 2019 through December 21, 2023.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by telling investors that the Company complied with all applicable laws but then by installing devices on Company trucks to bypass emission control standards dictated by the Clean Air Act.

On December 22, 2023, the United States Department of Justice (“DOJ”) revealed that it had reached an agreement with Cummins that required the Company to pay a $1.675 billion penalty to settle claims that the Company violated the Clean Air Act by installing hundreds of thousands devices into engines to bypass emission control sensors. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Cummins, Inc. (NYSE: CMI) from April 30, 2019 through December 21, 2023 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.