Publicly available records indicate that a class action lawsuit has been filed on behalf of investors in Ford Motor Company (NYSE: F) in connection to alleged violations of securities laws by F. Fitapelli Kurta is interested in hearing from investors who have complaints regarding investments made in Ford Motor Company between February 18, 2014 and October 26, 2017.
The class action complaint specifically alleges that during the period in question, F might have provided false and/or misleading material information, and/or failed to disclose adverse material information to the public, chiefly: that at least 841,000 vehicles were rendered unsafe by deficiencies in the company’s quality controls, supply chain and/or manufacturing procedures; that if these deficiencies came to light, they could place Ford under heightened scrutiny by regulatory authorities and may have an adverse effect on the company’s profitability; and that as a result of this, the company’s statements to the public during the relevant period were false and misleading. The complaint alleges that when true facts came to light, investors suffered losses.
According to the company’s website, Ford Motor Company is an automotive company with a vision “to make people’s lives better through automotive and mobility leadership.” The company was founded in 1903 by Henry Ford. William Clay Ford Jr. is Executive Chairman; Jim Hackett is President and Chief Executive Officer. The company trades on the New York Stock Exchange under the symbol F.
A class action lawsuit has already been filed in connection with Ford Motor Company. If you wish to serve as lead plaintiff in the F lawsuit, you must move the Court no later than December 29, 2017. If you wish to join the litigation, please contact Marc Fitapelli at 212-658-1501 or Jonathan Kurta at 212-658-1502. There is no cost or obligation to you and your ability to share in any recovery does not require that you serve as a lead plaintiff.