NEW YORK--(BUSINESS WIRE)--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Ford Motor Company (“Ford” or “the Company”) (NYSE: F). Investors who purchased Ford securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/F.
Investigation Details
On July 24, 2024, Ford issued a press release announcing its second quarter 2024 results, including non-GAAP EPS of $0.47, missing consensus estimates by $0.21, and revenue of $44.81 billion, missing consensus estimates by $70 million. In explaining these disappointing results, the Company cited increased warranty costs and losses associated with its electric vehicle division. On this news, Ford’s stock price fell sharply during intraday trading on July 25, 2024.
What's Next?
If you are aware of any facts relating to this investigation or purchased Ford securities, you can assist this investigation by visiting the firm’s site: bgandg.com/F. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
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We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
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Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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