Cummins Sued Over Likely $2 Billion Charge to Settle EPA Suit

A class action was filed in federal court against Cummins Inc. after the company said Dec. 22, that it expected to record a $2.04 billion charge to resolve claims by the federal and California governments related to its emissions certification and compliance process.

Stockholder Tom Baker’s complaint, which was filed Monday in the US District Court for the Central District of California, alleges that from April 2019 to Dec. 22, Cummins acknowledged that it was working with the US Environmental Protection Agency and the California Air Resources Board over its compliance with emissions standards for the 2019 RAM 2500 and ...