DETROIT -- A U.S. district judge dismisses a lawsuit against Ford Motor Co. that alleges it lied to investors about the safety of the Explorer SUV. Reviewing statements by Ford before the August 2000 recall of Firestone tire-equipped Explorers, Judge Arthur Tarnow said they only contained “vague, corporate puffery” and were not misleading. The judge also ruled Ford is not legally required to state the cost of the recall in financial statements or the costs incurred from related lawsuits.
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