Federal prosecutors in California are investigating a unit
of Caterpillar Inc (CAT) for potential violations of environmental law and
other alleged improper business practices, the company disclosed in a
regulatory filing Friday.
Peoria, Illinois-based Caterpillar said in the filing that
its Progress Rail Services Corp subsidiary received a grand jury subpoena on
October 24 from the U.S. District Court for the Central District of California.
The U.S. attorney's office in that district told Progress Rail it is a target
of a criminal investigation related to the subpoena, the filing said. CAT.
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