NEW YORK, Nov. 9, 2017 /PRNewswire/ -- Juan
Monteverde, founder and managing partner at Monteverde &
Associates PC, a boutique securities firm headquartered at the
Empire State Building in New York
City announces an investigation of Ford Motor Company (NYSE:
F) ("Ford" or the "Company") on behalf of purchasers of the
Company's securities between February 18, 2014 and October 26, 2017, inclusive (the "Class
Period").
The investigation focuses on whether Ford and certain of its
officers and/or directors violated federal securities laws.
The Complaint alleges that throughout the Class Period,
Defendants made materially false and misleading statements
regarding the Company's business, operational and compliance
policies. Specifically, Defendants made false and/or misleading
statements and/or failed to disclose that: (i) flaws in the
Company's manufacturing processes, supply chain, and/or quality
control rendered at least 841,000 Ford vehicles unsafe to drive;
(ii) the foregoing issues, when revealed, would foreseeably subject
Ford to additional regulatory scrutiny and impact the Company's
profitability; and (iii) 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 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.
On this news, Ford's share price fell $0.21, or 1.71%, to close at $12.06 on October 27,
2017.
Mr. Monteverde would like to personally discuss with you how
to potentially recover your monetary losses, if incurred during the
Class Period.
If you wish to serve as lead plaintiff, you must move the Court
no later than December 29,
2017. Any member of the putative class may move the
Court to serve as lead plaintiff through counsel of their choice,
or may choose to do nothing and remain an absent class member.
Click here for more information:
http://monteverdelaw.com/securities/. It is free
and there is no cost or obligation to you.
Monteverde & Associates PC is a boutique class action
securities and consumer litigation law firm committed that has
recovered millions of dollars and is committed to protecting
shareholders and consumers from corporate wrongdoing.
Monteverde & Associates PC lawyers have significant experience
litigating Mergers & Acquisitions and Securities Class Actions,
whereby they protect investors by recovering money and remedying
corporate misconduct.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave, Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates
PC. Prior results do not guarantee a similar outcome with
respect to any future matter.
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SOURCE Monteverde & Associates PC