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Corporate

Apr. 18, 2008

Judge Approves Settlement of Suit Against Ford

A Sacramento judge has approved a contested settlement agreement compensating 800,000 Ford Explorer owners whose vehicles lost resale value because of a perceived rollover threat — with $500 coupons toward the purchase of a new Explorer.

By Cortney Fielding
Daily Journal Staff Writer
This article appears on Page 2

      A Sacramento judge has approved a contested settlement agreement compensating 800,000 Ford Explorer owners whose vehicles lost resale value because of a perceived rollover threat with $500 coupons toward the purchase of a new Explorer.
      Ford Motor Company also has agreed to pay up to $25 million in fee...

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