NEW ORLEANS–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24F&src=ctag” target=”_blank”gt;$Flt;/agt; lt;a href=”https://twitter.com/hashtag/F?src=hash” target=”_blank”gt;#Flt;/agt;–Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a
partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces
that KSF has commenced an investigation into Ford Motor Company (NYSE:
F).
Beginning in January 2018, several consumer class action lawsuits were
filed against the Company on numerous grounds, including fraud and
racketeering, based on alleged misrepresentations it made regarding the
emissions standards of certain Ford vehicles when promoting and
marketing them, including that vehicles employed “defeat devices” to
turn down emissions controls, in order to give Ford the ability to
obtain and market higher power and fuel efficiency from its engines
while still passing emissions certifications tests. Recently, the
federal court presiding over the consolidated cases denied the Company’s
motion to dismiss the action, allowing the case to move forward.
KSF’s investigation is focusing on whether Ford’s officers and/or
directors breached their fiduciary duties to Ford’s shareholders or
otherwise violated state or federal laws.
If you have information that would assist KSF in its investigation, or
have been a long-term holder of Ford shares and would like to discuss
your legal rights, you may, without obligation or cost to you, call
toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn ([email protected]),
or visit https://www.ksfcounsel.com/cases/nyse-f/
to learn more.
About Kahn Swick & Foti, LLC
KSF, whose partners include the Former Louisiana Attorney General
Charles C. Foti, Jr., is a law firm focused on securities, antitrust and
consumer class actions, along with merger & acquisition and breach of
fiduciary litigation against publicly traded companies on behalf of
shareholders. The firm has offices in New York, California and Louisiana.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contacts
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
