SAN DIEGO , Aug. 24, 2024 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that the Ford class action lawsuit – captioned Guzman v. Ford Motor Company , No.
24-cv-12080 (E.D. Mich.
) – charges Ford Motor Company (NYSE: F ) as well as certain of Ford's executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Ford class action lawsuit, please provide your information here: https://www.rgrdlaw.
com/cases-ford-motor-company-class-acton-lawsuit-f.html You can also contact attorneys J.C.
Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected] . Lead plaintiff motions for the Ford class action lawsuit must be filed with the court no later than October 7, 2024 .
CASE ALLEGATIONS : Ford is an automotive manufacturing company that develops, delivers, and services a range of trucks, cars, and luxury vehicles worldwide. The Ford class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Ford had deficiencies in its quality assurance of vehicle models since 2022; (ii) as a result, Ford was experiencing higher warranty costs; (iii) Ford's warranty reserves did not accurately reflect the quality issues in vehicles sold since 2022; and (iv) as such, Ford's profitability was reasonably likely to suffer. The Ford class action lawsuit further alleges that .