Cummins Inc. Hit with Multiple Class Action Lawsuits Over Emissions Violations

The lawsuits allege false statements and unlawful emission practices between 2019 and 2023, with a potential $2.04 billion charge for resolution.

Cummins Inc. faces multiple class action lawsuits alleging violations of federal securities laws between April 30, 2019, and December 21, 2023.
The lawsuits accuse Cummins of making materially false and misleading statements regarding its emissions certification and compliance process.
Cummins allegedly continued to produce engines with unlawful emission-defeating devices during the class period.
The company is expected to record a charge of approximately $2.04 billion to resolve these claims and related matters.
The U.S. Department of Justice stated that the penalty agreed to with Cummins would be the largest ever for a Clean Air Act violation.