CMI

ROSEN, LEADING INVESTOR COUNSEL, Encourages Cummins Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – CMI

Retrieved on: 
Saturday, February 17, 2024

WHAT TO DO NEXT: To join the Cummins class action, go to https://rosenlegal.com/submit-form/?case_id=21566 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Cummins class action, go to https://rosenlegal.com/submit-form/?case_id=21566 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Cummins (CMI) $1.675 Billion DOJ Penalty Precipitates Securities Fraud Class Action – Hagens Berman

Retrieved on: 
Friday, February 16, 2024

SAN FRANCISCO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Cummins Inc. (NYSE: CMI) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Cummins Inc. (NYSE: CMI) investors who suffered substantial losses to submit your losses now .
  • Cummins Inc. (CMI) Securities Fraud Class Action:
    In the past, Cummins has repeatedly assured investors that it has taken steps to ensure that its RAM 2500 and 3500 pickup truck engines and applications meet applicable emissions regulations.
  • A recently filed securities fraud class action complaint alleges Cummins made misleading statements and concealed that: (1) contrary to its post-April 2019 assurances about its commitment to compliance, Cummins continued to produce engines utilizing undisclosed engine control software features from 2019 to 2023; and (2) accordingly, the company understated its legal and regulatory risks.
  • “We are focused on investors’ losses and are investigating whether Cummins intentionally put profits ahead of public health and regulatory compliance,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.

Sentient Energy and Alabama Power: A Groundbreaking Solution to Enhance Fault Location Accuracy and Speed up Restoration Process

Retrieved on: 
Thursday, February 15, 2024

This innovation marks a first in the industry - a solution specifically designed to identify ground faults utilizing autonomous line sensors.

Key Points: 
  • This innovation marks a first in the industry - a solution specifically designed to identify ground faults utilizing autonomous line sensors.
  • This new feature significantly improves the accuracy of fault location, setting a new standard in outage management procedures.
  • The capability was initially developed in conjunction with Alabama Power and implemented in a pilot program.
  • This solution not only predicts and prevents outages but also detects faults, reports fault magnitudes, and now, distinguishes ground faults.

CUMMINS INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Cummins To Contact Him Directly To Discuss Their Options

Retrieved on: 
Thursday, February 15, 2024

NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Cummins Inc. (“Cummins” or the “Company”) (NYSE: CMI) and reminds investors of the March 15, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Key Points: 
  • If you suffered losses exceeding $100,000 investing in Cummins stock or options between April 30, 2019 and December 21, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext.
  • Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding Cummins’ conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

FILING DEADLINE--Kuznicki Law PLLC Announces Class Action on Behalf of Shareholders of Cummins Inc. - CMI

Retrieved on: 
Thursday, February 15, 2024

CEDARHURST, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of Cummins Inc. (NYSE: CMI), if they purchased or otherwise acquired the Company’s securities between April 30, 2019 and December 21, 2023, inclusive (the “Class Period”).

Key Points: 
  • CEDARHURST, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of Cummins Inc. (NYSE: CMI), if they purchased or otherwise acquired the Company’s securities between April 30, 2019 and December 21, 2023, inclusive (the “Class Period”).
  • Shareholders have until March 15, 2024 to file lead plaintiff applications in the securities class action lawsuit.
  • Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship.
  • The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock.

Atmus To File Form S-4 Registration Statement in Connection with Cummins Exchange Offer

Retrieved on: 
Wednesday, February 14, 2024

Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU) today announced that it will file a Form S-4 Registration Statement with the Securities and Exchange Commission (the “SEC”) in connection with Cummins’ (NYSE: CMI) offer to exchange up to 67,054,726 shares of Atmus common stock that Cummins owns, representing 80.5% of the total outstanding shares of Atmus common stock, for outstanding shares of Cummins common stock.

Key Points: 
  • Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU) today announced that it will file a Form S-4 Registration Statement with the Securities and Exchange Commission (the “SEC”) in connection with Cummins’ (NYSE: CMI) offer to exchange up to 67,054,726 shares of Atmus common stock that Cummins owns, representing 80.5% of the total outstanding shares of Atmus common stock, for outstanding shares of Cummins common stock.
  • Pursuant to the exchange offer, Cummins shareholders will have the opportunity to exchange all, some, or none of their shares of Cummins common stock for shares of Atmus common stock, subject to the terms of the exchange offer.
  • Cummins currently owns approximately 80.5% of the total outstanding shares of Atmus common stock.
  • If the exchange offer (including all related transactions) is completed, Cummins will no longer be the controlling shareholder of Atmus, and Atmus will operate as a fully independent company.

Cummins Launches Exchange Offer for Separation of Atmus Filtration Technologies Inc.

Retrieved on: 
Wednesday, February 14, 2024

Through the planned exchange offer, Cummins shareholders will have the option to exchange all, some or none of their shares of Cummins common stock for shares of Atmus common stock, subject to the terms of the exchange offer.

Key Points: 
  • Through the planned exchange offer, Cummins shareholders will have the option to exchange all, some or none of their shares of Cummins common stock for shares of Atmus common stock, subject to the terms of the exchange offer.
  • I am excited to see what the future holds for the company.”
    The exchange offer is expected to permit Cummins shareholders to exchange all or a portion of their shares of Cummins common stock for shares of Atmus common stock at a 7% discount, subject to an upper limit of 13.3965 shares of Atmus common stock for each share of Cummins common stock tendered and accepted in the exchange offer.
  • The completion of the exchange offer is subject to certain conditions, including: at least 33,527,363 shares of Atmus common stock being distributed in exchange for shares of Cummins common stock validly tendered in the exchange offer; and the receipt of an opinion of counsel that the exchange offer will qualify for tax-free treatment to Cummins and its participating stockholders.
  • Cummins is offering to exchange 67,054,726 shares of Atmus common stock for outstanding shares of Cummins common stock in the exchange offer.

CUMMINS SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Cummins Inc. - CMI

Retrieved on: 
Wednesday, February 14, 2024

NEW ORLEANS, Feb. 13, 2024 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until March 15, 2024 to file lead plaintiff applications in a securities class action lawsuit against Cummins Inc. (NYSE: CMI), if they purchased or otherwise acquired the Company’s securities between April 30, 2019 and December 21, 2023, inclusive (the “Class Period”).

Key Points: 
  • NEW ORLEANS, Feb. 13, 2024 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until March 15, 2024 to file lead plaintiff applications in a securities class action lawsuit against Cummins Inc. (NYSE: CMI), if they purchased or otherwise acquired the Company’s securities between April 30, 2019 and December 21, 2023, inclusive (the “Class Period”).
  • This action is pending in the United States District Court for the Central District of California.
  • Cummins investors should visit us at https://claimsfiler.com/cases/nyse-cmi-1/ or call toll-free (844) 367-9658.
  • Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.

ROSEN, A LONGSTANDING LAW FIRM, Encourages Cummins Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - CMI

Retrieved on: 
Wednesday, February 14, 2024

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.

Key Points: 
  • WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against VNET, Assertio, Cummins, and Brooge and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, February 14, 2024

Stockholders have until the deadlines below to petition the court to serve as lead plaintiff.

Key Points: 
  • Stockholders have until the deadlines below to petition the court to serve as lead plaintiff.
  • On this news, the Company’s share price fell $0.20, or 3.2% on February 13, 2023, on unusually heavy trading volume.
  • According to the complaint, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects.
  • For more information on the Brooge class action go to: https://bespc.com/cases/BROG