Huge Damage Payment For Ford Motor Company (NYSE:F)

Posted on 04 September 2010 by Editor

Ford Motor Company (NYSE:F) was ordered to pay $131 million to a Mississippi family in connection with an Explorer-related death.

Huge Damage Payment For Ford Motor Company (NYSE:F)

A Mississippi jury ordered Ford Motor Co (NYSE:F) to pay $131 million to the family of Explorer owner Brian Cole who died in a single-car accident, an attorney for the family said on Thursday.

The accident occurred in 2001 when Cole’s explorer veered off the road at 80 miles per hour.

A Ford spokesman said Ford would have won the case had the judge not excluded certain pieces of evidence.

Ford Motor Company Stock Info

As of 9/3/2010 (Last trade – 11:47am), the Ford Motor Company (NYSE:F) company shares are sitting at 11.99.

Over the past three months there has been a -2.1% change in the Ford Motor Company (NYSE:F) stock price.

Ford Motor Company (NYSE:F)
Last Price: 11.99
52 Week Low / High: 6.61 / 14.57
Market Cap: 41240000
Consensus Analyst Opinion: Hold
Zack’s Industry Rank: 1 out of 3

We’ll be keeping a close eye on the Ford Motor Company (NYSE:F) stock level for developments over the next few weeks.

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