Ford Stock Falls After $1.7 Billion Verdict in Fatal Rollover Case


Ford Motor Co.’s shares slid nearly 5% in morning buying and selling Monday, following information of a $1.7 billion jury verdict involving a deadly rollover accident in one in every of its older-model heavy-duty vehicles.

A jury in Georgia on Friday reached the decision after a three-week trial, figuring out punitive damages ought to be imposed on Ford for promoting 5.2 million Tremendous Obligation vehicles that the plaintiffs’ legal professionals argued had dangerously weak roofs weak to collapsing in a rollover crash.


Please enter your comment!
Please enter your name here

Share post:




More like this

Lindsey Graham Is Teaming Up With Elizabeth Warren To Regulate Twitter, Apple, Google, And Facebook

Sen. Lindsey Graham introduced that he's working with...

Islamic State Leader Is Killed in Fighting, Terrorist Group Says

WorldMiddle EastGroup names one other successor to prime...

Oil Prices Are Falling, but Wall Street Isn't Buying It

The discrepancy between futures markets and forecasts reveals...

U.S. Economic Growth Slowed This Fall, Fed’s Beige Book Says

EconomyU.S. EconomyCentral financial institution’s enterprise contacts noticed higher...