Berger & Montague, P.C. Files Class Action Lawsuit Against Ford
25 September 2000
Berger & Montague, P.C. Files Class Action Lawsuit Against Ford Motor CompanyPHILADELPHIA, Sept. 22 The following notice is issued by the law firm of Berger & Montague, P.C. (http://home.bm.net) on behalf of its client, who on September 22, 2000, filed a lawsuit in the United States District Court for the Eastern District of Michigan, Southern Division, Case No. 00-74233, on behalf of all persons who purchased the common stock of Ford Motor Company during the period of January 21, 1999 through August 9, 2000 inclusive (the "Class Period"). The complaint charges Ford Motor Company and certain of its officers with violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 of the Securities Exchange Commission. The lawsuit alleges that defendants issued a series of false and misleading statements during the Class Period concerning the quality and safety of its products. The complaint alleges, "inter alia", that defendants failed to reveal that recalls of the Ford Explorer in combination with Firestone tires were occurring in foreign countries, including Saudi Arabia and Venezuela, and that the company failed to adequately test the tires on the Ford Explorer before it went into production. The complaint also asserts that defendants' misleading statements and material omissions artificially inflated the price of the Company's stock during the Class Period. The law firm of Berger & Montague, P.C. has over 50 attorneys, representing plaintiffs in complex litigation. The Berger firm has extensive experience representing plaintiffs in class action securities litigation and has played lead roles in major cases over the past 25 years which have resulted in recoveries in excess of two billion dollars to investors. If you purchased Ford Motor Company common stock between January 21, 1999 and August 9, 2000 you may no later than November 21, 2000 request that the Court appoint you as lead plaintiff. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as "lead plaintiff". Your ability to share in any recovery, is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain Berger & Montague, P.C., or other counsel of your choice, to serve as your counsel in this action. If you wish to join this action or have any questions please contact: Sherrie R. Savett, Esquire Sandra G. Smith, Esquire Kimberly A. Walker, Investor Relations Manager Berger & Montague, P.C. 1622 Locust Street Philadelphia, PA 19103 Phone: 888-891-2289 or 215-875-3000 Fax: 215-875-5715 Website: http://home.bm.net e-mail: InvestorProtect@bm.net