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Cummins Inc.

Case Details

Class Period: April 30, 2019 - December 21, 2023
Date Filed: January 15, 2024
Case Number: 2:24-cv-00369
Jurisdiction: Central District of California
icon-casetype Case Type: Securities Case
Days Left to
Seek Plaintiff:
10

Case Summary

According to the lawsuit, Cummins Inc. throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Contrary to its post-April 2019 Announcement assurances about its commitment to compliance, Cummins continued to produce engines with unlawful emission defeating devices from 2019 to 2023; (2) accordingly, Cummins understated its legal and regulatory risk, and overstated its commitment to environmental protection; and (3) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Documents
Complaint