Federal Grand Jury Looking Into Caterpillar’s Finances

CHICAGO (Chicago Tribune/TNS) —

A federal grand jury is investigating “financial information” in Caterpillar’s domestic and international operations and subsidiaries, according to regulatory documents filed this week.

The maker of heavy machinery said it received a subpoena Jan. 8 asking for information “concerning the movement of cash among U.S. and non-U.S. subsidiaries,” according to a filing Tuesday with the Securities and Exchange Commission.

The company also revealed that in September, the SEC said it would investigate its structured-finance subsidiary Caterpillar SARL, based in Switzerland.

Caterpillar said it is cooperating with the investigations, and the company said it doesn’t believe they will have a material effect on the company’s finances.

The investigation was first reported by the Herald & Review in Decatur, Ill.

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