Chevron Sees Path to Boost Venezuela Oil Output by 50% After Trump Administration Talks 
Federal Appeals Court Blocks Trump-Era Hospital Drug Rebate Plan 
UBS Upgrades L’Oréal to Buy, Sees Strong Sales Momentum and 20% Upside 
EU Orders Elon Musk’s X to Preserve Grok AI Data Amid Probe Into Illegal Content 
xAI Cash Burn Highlights the High Cost of Competing in Generative AI 
Nvidia Appoints Former Google Executive Alison Wagonfeld as First Chief Marketing Officer 
Walmart to Join Nasdaq-100 Index as It Replaces AstraZeneca Following Exchange Move 
China’s AI Sector Pushes to Close U.S. Tech Gap Amid Chipmaking Challenges 
Trump Pushes $100 Billion U.S. Oil Investment Plan for Venezuela After Maduro Seizure 
FCC Approves Expansion of SpaceX Starlink Network With 7,500 New Satellites 
FCC Exempts Select Foreign-Made Drones From U.S. Import Ban Until 2026 
OpenAI Sets $50 Billion Stock Grant Pool, Boosting Employee Equity and Valuation Outlook 
Aktis Oncology Prices Upsized IPO at $18, Raising $318 Million in Major Biotech Debut 
Hanwha Ocean Shares Rise on Plans to Expand U.S. Shipbuilding Capacity 
BlueScope Steel Shares Slip After Board Rejects A$13.2 Billion Takeover Bid 
Supreme Court to Hear Cisco Appeal on Alien Tort Statute and Human Rights Liability 
NEW YORK, March 16, 2017 -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Caterpillar, Inc. ("Caterpillar") (NYSE:CAT) between February 19, 2013 and March 1, 2017. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of Illinois. To get more information go to:
http://www.zlk.com/pslra-sa/caterpillar
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The complaint alleges that throughout the class period Defendants issued materially false and/or 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 May 2, 2017 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.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.com
