A lawsuit filed on behalf of shareholders of Ford Motor Co. in U.S. District Court for the Southern District of New York on Jan. 29 alleges the auto maker artificially inflated its stock price over the last two years, when it didn’t divulge the high payments it promised to make on certain precious metals. In the fourth quarter of 2001, Ford took a $1 billion pretax charge to cover the drop in price of some metals that it had stored, largely palladium, with the hope that prices would rise ...
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