May 8, 2018 - The case was voluntarily dismissed.

October 30, 2017 - An investor, who purchased shares of Ford Motor Company (NYSE:F), filed a lawsuit in the U.S. District Court for the Eastern District of Michigan over alleged violations of Federal Securities Laws by Ford Motor in connection with certain allegedly false and misleading statements made between February 18, 2014, and October 26, 2017.

According to the complaint the plaintiff alleges on behalf of purchasers of Ford Motor Company (NYSE:F) common shares between February 18, 2014, and October 26, 2017, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 18, 2014, and October 26, 2017, the Defendants made false and/or misleading statements and/or failed to disclose that flaws in the Company’s manufacturing processes, supply chain, and/or quality control rendered at least 841,000 Ford vehicles unsafe to drive, that the foregoing issues, when revealed, would foreseeably subject Ford to additional regulatory scrutiny and impact the Company’s profitability, and that as a result, Ford’s public statements were materially false and misleading at all relevant times.
On October 27, 2017, the U.S. National Highway Traffic Safety Administration (“NHTSA”) announced a preliminary investigation into 841,000 Ford Motor Company vehicles, citing concerns that the vehicles’ steering wheels could detach while the vehicles are in motion. NHTSA stated that it is specifically investigating 2014-2016 model Ford Fusion sedans. Shares of Ford Motor Company (NYSE: F) closed on November 1, 2017 at $12.35 per share.