Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Feb. 05, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Cummins Inc. (NYSE: CMI) investors that a lawsuit was filed on behalf of investors that purchased Cummins securities between April 30, 2019 and December 21, 2023, inclusive (the “Class Period”).
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The lawsuit alleges that during the Class Period, Cummins and its defendants engaged in actions that misled investors. These alleged actions include:
Making materially false and/or misleading statements or failing to disclose that Cummins, despite assurances made after April 2019, continued to manufacture engines with emission defeating devices that were in violation of regulations from 2019 to 2023.
Consequently, Cummins downplayed its legal and regulatory risk, and exaggerated its commitment to environmental protection.
As a result of these actions, the defendants' statements regarding Cummins' business, operations, and prospects were allegedly materially false and misleading, or lacked a reasonable basis throughout the relevant time frame.
The lawsuit asserts that when the true details about these matters became known, investors suffered financial damages.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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