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Miller Shah LLP Is Investigating Cummins Inc. (NYSE: CMI) on Behalf of Long-Term Shareholders

On January 10, 2024, Cummins Inc. (“Cummins” or “CMI”) (NYSE:CMI), the California-based engine manufacturer, agreed to pay a $1.675 billion penalty in a settlement with the Environmental Protection Agency (“EPA”) and Department of Justice (“DOJ”) regarding vehicle emissions control violations under the Clean Air Act.  This is the largest civil penalty in the history of the Clean Air Act and the second largest environmental penalty ever.

The EPA and DOJ alleged that CMI configured one or more emissions software features to act as “defeat devices” that reduce or deactivate engine emission controls during normal driving conditions.  CMI equipped 630,000 model year 2013-2019 Ram 2500 and 3500 diesel vehicles with these illegal defeat devices. These vehicles, and approximately 330,000 more model year 2019-2023 vehicles, also included auxiliary emission control devices that CMI did not disclose as part of the engine certification process.  Altogether, the CMI engines affected the emission control systems of nearly one million vehicles, more than any other major defeat devices settlement.

Miller Shah LLP is investigating potential breach of fiduciary duty claims on behalf of CMI shareholders against its directors and officers.  CMI directors’ and officers’ knowledge of or failure to prevent these Clean Air Act emissions control violations have damaged the Cummins and its long-term shareholders, in potential breach of the fiduciary duties they owed to shareholders.

If you are a long-term shareholder still holding CMI stock, you may wish to contact Edward Glenn (ehglenn@millershah.com) for a free evaluation of your legal rights.  The firm can also be reached toll-free at (866) 540-5505. Miller Shah LLP is a law firm with offices in California, Connecticut, Florida, New Jersey, New York, and Pennsylvania. The legal team at Miller Shah LLP has extensive experience representing investors in securities fraud class action, shareholder derivative, SEC whistleblower, and ERISA matters.  The firm is an active member of the International Advisory Group, which provides clients with access to excellent legal and accounting resources across the globe.

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