Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Cummins Inc. (CMI)

The law firm of Kirby McInerney LLP is investigating potential claims against Cummins Inc. (“Cummins” or the “Company”) (NYSE: CMI). The investigation concerns whether Cummins and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.

On December 22, 2023, the United States Department of Justice issued a press release announcing, in relevant part, that Cummins had reached an agreement in principle with the United States and State of California “to pay a $1.675 billion penalty to settle claims that it violated the Clean Air Act by installing emissions defeat devices on hundreds of thousands of engines.” On this news, the price of Cummins shares declined by $7.01 per share, or approximately 2.87%, from $244.00 per share to close at $236.99 on December 22, 2023.

If you purchased or otherwise acquired Cummins securities, have information, or would like to learn more about this investigation, please contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you.

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website: https://www.kmllp.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240104056875/en/