Ford Motor Co. says it has settled a lawsuit brought against its Ford Credit financing unit by two consumers who say they were overcharged on late fees for their leased Mazdas. The suit, filed in Maryland in August 1996, has been settled for about $87 million, Ford reveals in a quarterly filing with the U.S. Securities and Exchange Commission. Ford will pay $80 million to 1.8 million customers who say they were overcharged on late fees. The two Mazda owners say they were paying late fees ...
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