Legal

Bronstein, Gewirtz & Grossman, LLC Announces Class Action Lawsuit Notification for Cummins Inc. Investors

Published January 17, 2024

NEW YORK, Jan. 16, 2024 – Investors who have incurred substantial losses in CMI shares are alerted to the opportunity to participate as lead plaintiff in a class action lawsuit against Cummins Inc. ('Cummins' or 'the Company'), a global power leader that focuses on manufacturing and distributing engines and related technologies. The announcement comes from the law firm Bronstein, Gewirtz & Grossman, LLC, renowned for specializing in securities litigation.

Background on Cummins and the Allegations

Cummins Inc., headquartered in Columbus, Indiana, operates on a multinational scale. The company's expertise spans across designing, manufacturing, and providing services for engines, filtration systems, and power generation products, in addition to overseeing the product lifecycle of fuel systems, controls, air handling, emission control, and electrical power generation systems. Moreover, the company has a hand in the trucking industry, servicing engines and related equipment.

Details of the Class Action Suit

The lawsuit in question alleges that certain officers at Cummins made false and misleading statements or failed to disclose material adverse facts about the company's business, operational, and compliance policies. These omissions and inaccuracies in their public statements are said to have led to investors suffering significant losses. Individuals with a substantial financial hit due to investments in Cummins are encouraged to explore their legal options, including the possibility to act as a lead plaintiff in the class action suit.

What This Means for Cummins Investors

In light of the lawsuit, shareholders of Cummins who meet certain criteria have an opportunity to represent the class against the alleged corporate wrongdoings. Bronstein, Gewirtz & Grossman, LLC are actively engaging investors to assess their eligibility and are prepared to guide them through the legal process. The firm strives to hold responsible parties accountable and recover losses on behalf of the investors- a legal recourse to rectify the financial damages suffered.

lawsuit, investors, opportunity