Business
Ford shares fall after $1.7 billion verdict in fatal rollover case
Ford Motor Co.’s shares fell nearly 5% in morning trading Monday, following news of a $1.7 billion jury verdict involving a fatal rollover accident in one of its older models of heavy-duty trucks.
A jury in Georgia reached its verdict Friday after a three-week trial, deciding punitive damages should be imposed Ford for selling 5.2 million Super Duty trucks that the plaintiffs’ lawyers argued had dangerously weak roofs vulnerable to collapse in a rollover crash.