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

Amazon to Cut 9,000 More Jobs After Earlier Layoffs

CEO Andy Jassy cited an ‘uncertain economy’ and...

Hacks To Improve Sports streaming Experience On HBO Max in Canada

Canadians are extremely sports activities fans and have...

This Makes Me So Happy!

Fixed comes twice every week, really! FRESHER that...