Class Action Lawsuit on Behalf of Caterpillar Inc. Investors

Caterpillar Inc. Lawsuit Details
Gilman Law LLP has announced that on June 9, 2015 a federal securities lawsuit was filed on behalf of a shareholder in Caterpillar Inc. (NASDAQ: CAT). The complaint alleges the company’s board failed to disclose a tax evasion scheme by auditor PricewaterhouseCoopers. The lawsuit points to a May 2 proxy statement which voted to keep PricewaterhouseCoopers as the company’s auditor following the 2014 Senate committee report that found Caterpillar created a Swiss entity to move $8 billion in profits thereby avoiding $2.4 billion in U.S. taxes. Plaintiff contends that the company did not disclose key information relating to the alleged wrongdoings of PricewaterhouseCoopers as it helped Caterpillar keep its books.

Caterpillar Inc. Lawsuit

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