Photo by Natalie Rauch

After a series of high-profile raids by the FBI back in March, there has been a lot of concern by stock holders of the construction equipment manufacturer— but a recent SEC filing seems to dispel these fears.

"The company is unable to predict the outcome or reasonably estimate any potential loss; however, we currently believe that this matter will not have a material adverse effect on the company's consolidated results of operations, financial position or liquidity," the company stated.

The investigations were centered around the IRS interests in profits of Caterpillar's Swiss business.

After a strong first quarter in 2017, the company has risen above the negative attention and stocks have been on a steady rise since the end of April.

Today's top stories

North Causeway Bridge Offers Innovation, Congestion Relief for Fort Pierce, Fla., Motorists

Missouri's $284M Chester Bridge Under Construction

Mecalac Offers Telescopic Wheel Loader to Improve Stability, Mobility in Material Handling Applications

Chicago Bears Announce Plans for New Enclosed Stadium

Oshkosh Corporation to Acquire AUSA

Webuild Ready to Rebuild Collapsed Baltimore Bridge

Crews Complete Covington, Georgia Community Project

Alabama AGC Announces BUILDSouth Award Winners