Caterpillar's alleged tax evasion scheme for which the feds conducted a raid recently isn't something new.
In fact, a company whistleblower alerted authorities to the Fortune 500 firm's scandalous behavior years ago.
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CAT Stock News
Caterpillar (NYSE: CAT) Stock Price Today Falls to Five-Year Low
The Caterpillar Inc. (NYSE: CAT) stock price today (Friday) fell another 1% to $65.12, which is a five-year low for the stock.
After falling 8% intraday Thursday, CAT shares ended Thursday down 6.3% at $65.80.
Here's why the CAT stock price today is tanking, and the outlook for the company now...