PR Newswire · Press release
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Caterpillar Inc. - CAT
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Summary by Wenlo · not part of the original release
Pomerantz LLP is investigating claims on behalf of investors of Caterpillar Inc. following the company's third-quarter financial results reported on October 29, 2026. Caterpillar disclosed inventories of $22.2 billion and $460 million in manufacturing costs, along with operating profits that included $128 million of tariff recoveries. Following this news, Caterpillar's stock price fell $65.99 per share, or 9.25%, to close at $647.39 per share on October 29, 2026.
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Original release from PR Newswire
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NEW YORK, Nov. 12, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Caterpillar Inc. ("Caterpillar" or the "Company") (NYSE: CAT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Caterpillar and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On October 29, 2026, Caterpillar reported its financial results for the third quarter ended September 30, 2026. Among other items, Caterpillar disclosed inventories of $22.2 billion, a 22% year-over-year increase, and $460 million in manufacturing costs across its construction and resource industries businesses, comprised of higher freight charges, material costs, and tariffs. Caterpillar also reported operating profits that included $128 million of tariff recoveries, suggesting that it may not sustain this profitability moving forward.
On this news, Caterpillar's stock price fell $65.99 per share, or 9.25%, to close at $647.39 per share on October 29, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
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CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980
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SOURCE Pomerantz LLP
