The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of Cummins Inc. Publicly-Traded Common Stock - CMI
CumminsCummins(US:CMI) Globenewswire·2026-01-15 14:00

Core Points - The United States District Court for the Southern District of Indiana has approved a proposed class action settlement benefiting purchasers of Cummins Inc. publicly-traded common stock [1] - The settlement amount is set at $1,600,000.00, and a hearing will be held on May 21, 2026, to determine the fairness of the settlement and distribution plan [4] Settlement Details - The class action pertains to individuals who purchased Cummins Inc. common stock between February 11, 2019, and December 21, 2023 [4] - The proposed plan includes an award of attorneys' fees of up to 30% of the settlement amount, reimbursement of expenses not exceeding $95,000, and a case contribution award of up to $5,000 to the Lead Plaintiff [4] - A deadline of April 23, 2026, is set for submitting claims or requests for exclusion from the settlement class [5][7] Objection Process - Any objections to the settlement or related requests must be submitted by April 23, 2026, following the guidelines provided in the Long Notice [8]