Cummins ($CMI) $1.6M Investor Settlement Update: Late Claims Are Being Considered
New update: late claims are being considered for the $CMI $1.6M settlement.
Cummins agreed to a $1.6 million settlement over claims that it misled investors about its environmental compliance and the use of illegal emissions-control devices in certain engines.
In December 2023, the DOJ announced a much larger $1.675 billion government penalty against Cummins over alleged emissions violations. The news also triggered a decline in $CMI, and investors later filed a lawsuit.
If you purchased $CMI shares between 2019 and 2023, you may be eligible to submit a claim. Since late claims are being considered, you can still check whether you qualify - Check your eligibility and file a claim here.