INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Ford Motor Company Investors with Substantial Losses Have Opportunity to Lead the Ford Class Action Lawsuit -- F

Core Viewpoint - The Ford Motor Company is facing a class action lawsuit due to alleged violations of the Securities Exchange Act, with claims of misleading statements regarding vehicle quality and warranty costs during the specified class period [1][2]. Group 1: Allegations and Financial Impact - The lawsuit alleges that Ford had deficiencies in quality assurance for its vehicle models since 2022, leading to increased warranty costs and inaccurate warranty reserves [2]. - On July 24, 2024, Ford reported that its profitability was impacted by higher warranty reserves and costs, with warranty and recall costs totaling $2.3 billion in the second quarter, which was $800 million more than the first quarter and $700 million more than the previous year [3]. - Following the announcement of these financial results, Ford's share price dropped by more than 18% [3]. Group 2: Class Action Process - Investors who purchased Ford securities during the class period can seek appointment as lead plaintiff in the lawsuit, representing the interests of the class [4]. - The lead plaintiff is typically the investor with the greatest financial interest in the case and can select a law firm to represent the class [4]. Group 3: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud cases, having recovered $6.6 billion for investors in class action cases, significantly more than any other firm in recent years [5]. - The firm has a strong track record, including the largest securities class action recovery in history, amounting to $7.2 billion in the Enron case [5].