According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that:
- Ford had deficiencies in its quality assurance of vehicle models since 2022;
- as a result, Ford was experiencing higher warranty costs;
- Ford’s warranty reserves did not accurately reflect the quality issues in vehicles sold since 2022;
- as a result, Ford’s profitability was reasonably likely to suffer; and
- as a result of the foregoing, defendants’ positive statements about Ford’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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