Core Viewpoint - A class action lawsuit has been filed against Ford Motor Company for alleged violations of the Securities Exchange Act due to misleading statements regarding vehicle quality and warranty costs [1][2]. Group 1: Lawsuit Details - The lawsuit pertains to investors who purchased Ford's securities between April 27, 2022, and July 24, 2024, during which the company allegedly made false and misleading statements [1][2]. - The complaint claims that Ford failed to maintain adequate quality assurance practices, leading to increased warranty costs and inadequate warranty reserves that did not reflect the quality issues in recent vehicles [2]. Group 2: Investor Information - Investors are encouraged to contact the Schall Law Firm to discuss their rights and potentially participate in the lawsuit before the deadline of October 7, 2024 [1][2]. - The class has not yet been certified, meaning that until certification occurs, investors are not represented by an attorney and can choose to remain absent from the class [2].
F Investors Have Opportunity to Lead Ford Motor Company Securities Fraud Lawsuit with the Schall Law Firm