Caterpillar shares fall after tax, accounting fraud report8 Mar 2017—USA TODAY
Shares of Caterpillar fell 2% Wednesday after a report commissioned by the government accuses the manufacturer of tax and accounting fraud.
Caterpillar, which makes construction equipment products, said it wasn’t given a copy of the report, which was viewed and reported by The New York Times late Tuesday. “We will not comment on a report we haven't seen,” said Corrie Scott, a spokesperson for Caterpillar.
Law enforcement officials raided Caterpillar’s corporate headquarters and facilities in...