Cummins Inc. Faces Multiple Securities Fraud Lawsuits Over Emissions Violations
The lawsuits allege Cummins Inc. made false statements about its emissions compliance, resulting in investor losses.
- Class action lawsuits have been filed against Cummins Inc. for alleged securities fraud related to emissions violations.
- Investors claim Cummins made false assurances about emissions compliance from April 30, 2019, to December 21, 2023.
- Cummins agreed to a record $1.675 billion fine for Clean Air Act violations, the largest-ever civil penalty of its kind.
- The company's stock price fell following the disclosure of the emissions compliance issues and the subsequent fine.
- Legal firms are encouraging Cummins investors who suffered losses to join the class action lawsuits.
Benzinga 
