Caterpillar Inc. Investigated For Fraud By Block & Leviton Following Federal Raid; Former Employees And Witnesses Encouraged To Contact The Firm
Block & Leviton LLP (www.blockesq.com), a litigation boutique that represents investors and employees nationwide, is investigating Caterpillar Inc. ("Caterpillar" or the "Company") (NYSE: CAT), following the March 2, 2017 multi-agency federal raid of the company's headquarters and other locations related to Caterpillar's use of foreign subsidiaries to lower its United States tax liabilities.
The New York Times has reported that a government-commissioned report concluded that Caterpillar's noncompliance with federal tax and financial reporting rules was deliberate, and with the primary purpose of maintaining a higher share price of Caterpillar stock.
Investors in Caterpillar (including those who obtained Caterpillar shares through their employment with the Company) who purchased shares between February 19, 2013 and March 1, 2017 are reminded of a May 2, 2017 lead plaintiff motion deadline.
Former employees or witnesses with information about these events or Caterpillar's tax strategies are encouraged to contact the firm.
Those with information or who would like to learn more about the upcoming deadline should contact attorney Jake Walker at Jake@blockesq.com, by phone at (617) 398-5600, or through our website at http://www.blockesq.com/caterpillar.
Block & Leviton LLP is a Boston-based law firm representing investors and employees nationwide. The firm's lawyers have collectively been prosecuting securities cases on behalf of individual and institutional investors for over 50 years, and have recovered billions of dollars on their behalf. Block & Leviton's investigations into corporate wrongdoing were recently covered by the New York Times.