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: Bodily Injury BlogJudge: Ford Retirement Fund Suit to Move Forward
By Edward Bills
A lawsuit accusing Ford Motor Co. of mismanaging the retirement funds of current and former non-union workers should be allowed to go forward, a federal judge ruled last week. In the lawsuit, plaintiffs claim that the automaker should not have offered volatile company stock as an investment option for its employees. District Judge Stephen Murphy has ordered Ford to begin settlement talks with the plaintiffs under the supervision of a magistrate.
Full post as published by Bodily Injury Blog on December 29, 2008 (boomark / email).
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