BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Caterpillar Inc. (“Caterpillar” or the “Company”) (NYSE: CAT) investors concerning the Company and its officers’ possible violations of federal securities laws.
On March 2, 2017, the Company admitted that law enforcement agents entered various Caterpillar facilities executing a search warrant. And, various news sources have reported that federal agents from the IRS, FDIC and Commerce Department were searching the Company’s offices in connection with accusations that Caterpillar used its Swiss replacement parts unit, CSARL, to minimize its tax bill.
On this news shares of Caterpillar fell by over 4.5%, or over $4.50 per share, during intra-day trading on March 2, 2017.
If you purchased Caterpillar securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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