Cummins offering up to $1,000 to truck owners for software recall
The recall is tied to a January 2024 Clean Air Act settlement agreement between Cummins, the Environmental Protection Agency and the California Air Resources Board.
Cummins Inc.
Articles
Indiana couple accused of insider trading on $3.7B acquisition
Fan “Jocelyn” Yang, 39, and her husband, Jing Tian, 37, have each been charged with two counts of conspiracy to commit securities fraud. The indictment was unsealed Tuesday, and the case is being handled in U.S. District Court in the District of Columbia.
Cummins faces shareholder and customer lawsuits after $2B settlement
Cummins Inc. is facing multiple lawsuits from shareholders and Dodge Ram truck owners after the company agreed to pay $2 billion late last year to settle allegations that it unlawfully altered hundreds of thousands of pickup truck engines.
Engine maker Cummins must repair 600,000 Ram trucks in $2B emissions cheating settlement
Cummins Inc. must complete a recall of 600,000 Ram trucks as part of a settlement with federal and California authorities that also requires the company to remedy environmental damage caused by illegal software that let it skirt diesel emissions tests.
Cummins agrees to pay nearly $1.7B to settle federal Clean Air Act investigation
Cummins Inc. will pay $1.675 billion to settle allegations that the engine-maker violated the Clean Air Act, the company announced Friday.
Holcomb defends abortion ban signing, rebuffs talent-attraction fears
Indiana Gov. Eric Holcomb on Wednesday defended his signing of a near-total abortion ban this month and brushed off fears of business and talent attraction consequences in the wake of statements from major homegrown employers.
Former Cummins employee sentenced to prison in $4.8M fraud case
A former Cummins Inc. employee has been sentenced to more than five years in federal prison for stealing more than $4.8 million from his employer over a nine-year period.