A lawsuit was filed on behalf of investors in Ford Motor Company (NYSE:F) shares over alleged securities laws violations. Deadline: December 29, 2017. NYSE:F investors should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 11/30/2017 -- The Shareholders Foundation announces that an investor, who purchased shares of Ford Motor Company (NYSE:F), filed a lawsuit over alleged violations of Federal Securities Laws by Ford Motor in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Ford Motor Company (NYSE:F) should contact the Shareholders Foundation at firstname.lastname@example.org or call 858-779-1554.
The plaintiff alleges on behalf of purchasers of Ford Motor Company (NYSE:F) common shares between February 18, 2014, and October 26, 2017, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 18, 2014, and October 26, 2017, the Defendants made false and/or misleading statements and/or failed to disclose that flaws in the Company's manufacturing processes, supply chain, and/or quality control rendered at least 841,000 Ford vehicles unsafe to drive, that the foregoing issues, when revealed, would foreseeably subject Ford to additional regulatory scrutiny and impact the Company's profitability, and that as a result, Ford's public statements were materially false and misleading at all relevant times.
On October 27, 2017, the U.S. National Highway Traffic Safety Administration ("NHTSA") announced a preliminary investigation into 841,000 Ford Motor Company vehicles, citing concerns that the vehicles' steering wheels could detach while the vehicles are in motion. NHTSA stated that it is specifically investigating 2014-2016 model Ford Fusion sedans. Shares of Ford Motor Company (NYSE: F) closed on November 1, 2017 at $12.35 per share.
Those who purchased shares of Ford Motor Company (NYSE:F) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego