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-0.000362318840579767 5.79710144927472E-05 0.000362318840579767 -0.00289855072463775 -0.00652173913043477 -0.0054347826086956 -0.00434782608695656 -0.00507246376811596
Stock impact report

Hagens Berman: Ford Dealers File Class Action Alleging Major Warranty Reimbursement Shortfalls

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Company Research Source: Business Wire
Lawsuit claims Ford systematically shorted dealers on required warranty reimbursements, including high-cost EV battery replacements DETROIT--(BUSINESS WIRE)--Hagens Berman has filed a class-action lawsuit against Ford Motor Company on behalf of Ford dealerships, alleging the automaker underpaid warranty reimbursement claims for parts and repairs — including high-cost electric vehicle (EV) batteries — in violation of New York’s Franchised Motor Vehicle Dealer Act (NYDA).Filed in the U.S. District Court for the Eastern District of Michigan, the lawsuit claims that Ford failed to provide the “reasonable compensation” required under the NYDA, which mandates that franchise dealers receive reimbursement at mark-up rates no lower than what they charge retail customers for comparable non-warranty claims. Dealerships across the country seeking reimbursement for warranty-covered parts and labor since Dec. 1, 2022, may be affected. Learn more about your rights to a potential claim »The lawsui Show less Read more
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