September 26, 2018
An Illinois federal judge on Wednesday dismissed a proposed securities fraud class action against the Caterpillar construction equipment maker, finding no indication that executives were trying to pull a fast one by diverting a portion of its profits to a Swiss subsidiary in an attempt to save money.
October 11, 2017
Caterpillar Inc. asked an Illinois federal court Tuesday to dismiss securities fraud class allegations filed the day after authorities raided the construction equipment maker amid an investigation of its tax practices, saying Caterpillar has been open with shareholders about the scrutiny and has not been accused of wrongdoing.
March 03, 2017
Quick-on-the-buzzer lawyers at Pomerantz LLP filed a potential class action against Caterpillar Inc. on Friday, seeking damages for investors who say the company misled them in the lead-up to Thursday raids by federal law enforcement that sought documents about its tax strategies.