Finance

Bragar Eagel & Squire, P.C. Notifies Investors of Class Action Lawsuits Involving Cummins and Mobileye

Published January 25, 2024

New York, January 24, 2024 – Bragar Eagel & Squire, P.C., a law firm with a reputation for championing shareholder rights, has announced the initiation of class-action lawsuits on behalf of shareholders of Cummins Inc. CMI, and Mobileye Global Inc. MBLY. Investors in these companies are encouraged to get in touch with the firm to learn more about their legal rights in these matters.

Brief Overview of Cummins Inc.

Based in Columbus, Indiana, Cummins Inc. CMI is a global powerhouse in the design, manufacturing, and distribution of engines, power generation products, and filtration systems. The company also provides comprehensive service for engines and related equipment, tackling everything from fuel systems to emission control and electrical power generation, across a diverse range of trucks and machinery.

Understanding Mobileye Global Inc.

Specializing in the development of machine learning and vision-based detection technologies, Mobileye Global Inc. MBLY stands at the forefront of innovation in the automotive industry. Their products are integral to advanced driver assistance systems (ADAS) and are paving the way for the future of autonomous driving technologies with their cutting-edge mapping and driving policy solutions.

Legal Proceedings and Investor Action

The class-action lawsuits have been filed with the legal claim that shareholders who have invested in Cummins Inc. CMI and Mobileye Global Inc. MBLY may have been affected by alleged corporate actions detrimental to stockholder value. Bragar Eagel & Squire, P.C. is now reaching out to these investors, reminding them of the opportunity to participate in the class action to potentially recover their losses.

lawsuit, investor, reminder