World News: 16:01 GMT Monday 20th March 2017. [The Law Offices of Vincent Wong via Globe Newswire via SPi World News]
NEW YORK, March 20, 2017 (GLOBE NEWSWIRE) -- The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Northern District of Illinois on behalf of investors who purchased Caterpillar, Inc. ("Caterpillar") (NYSE:CAT) securities between and .
Click here to learn about the case: . There is no cost or obligation to you.
According to the complaint, throughout the Class Period, the Company issued materially false and misleading statements and/or failed to disclose that: (1) Caterpillar unlawfully used foreign subsidiaries to avoid paying billions of dollars in U.S. taxes; (2) discovery of such conduct would subject Caterpillar to heightened regulatory scrutiny and potential criminal sanctions; and (3) as a result, Caterpillar’s public statements were materially false and misleading at all relevant times. On March 2, 2017, law enforcement officials raided Caterpillar’s facilities in Peoria, Illinois. Caterpillar indicated that it believed the raid is related to, among other things, export filings of its Swiss subsidiary Caterpillar SARL. On this news, shares of Caterpillar fell 4.28% to close at $94.36 per share on March 2, 2017, damaging investors.
If you suffered a loss in Caterpillar you have until to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email , by telephone at 212.425.1140, or visit .
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
Vincent Wong, Esq.
39 East Broadway
New York, NY 10002
Globe Newswire: 16:01 GMT Monday 20th March 2017
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