CUMMINS INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC is investigating the officers and directors of Cummins Inc.

NEW ORLEANS, July 26, 2024 /PRNewswire/ — Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq.Partner of the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has initiated an investigation into Cummins Inc. (NYSE: CMI).

At December 22, 2023The company announced an agreement in principle with the U.S. Environmental Protection Agency and other state and federal regulators “to resolve civil claims related to the company’s emissions certification and compliance process for certain engines” and expected “a charge of approximately $100 million.” 2.04 billion US dollars in the fourth quarter of 2023 to resolve these claims and related matters.” On the same day, the U.S. Department of Justice issued a press release on the matter, in which it also announced that the company “allegedly installed defeat devices on 630,000 RAM 2500 and 3500 pickup truck engines from model years 2013 to 2019,” but noted that “there are also allegedly has installed unspecified additional emissions control devices in 330,000 2019 through 2023 RAM 2500 and 3500 pickup truck engines.”

Subsequently, the Company and certain of its executives were charged in a class action lawsuit alleging violations of federal securities laws by failing to disclose material information during the Class Period.

KSF’s investigation focuses on whether Cummins officers and/or directors breached their fiduciary duty to shareholders or otherwise violated state or federal laws.

If you have information that could assist KSF in its investigation, or if you are a long-time holder of Cummins stock and would like to discuss your legal rights, you may call toll-free 1-833-938-0905, free of charge, or email KSF Managing Partner Lewis Kahn ((email protected)), or visit https://www.ksfcounsel.com/cases/nyse-cmi/ to learn more.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr.is one of the nation’s leading boutique securities litigation firms. KSF serves a wide range of clients, including public institutional investors, hedge funds, asset managers and individual investors, in recovering investment losses from corporate transactions. Fraud or abuse of office by listed companies. KSF has offices in new York, Delaware, California, Louisiana And New Jersey.

To learn more about KSF, visit ksfcounsel.com.

Contact:
Kahn Swick & Foti, LLC
Lewis KahnManaging Partner
(email protected)
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163

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