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FADEM v. FORD MOTOR CO.

No. 02 Civ. 0686(CSH).

352 F.Supp.2d 501 (2005)

Zachary R. FADEM, Richard Jastremski, Gordon Kaiser, John H. Artrip, John M. Callahan, Richard and Ellen Miller, and Seymour Shapiro, on behalf of themselves and all others similarly situated, Plaintiffs, v. FORD MOTOR CO., Jacques Nasser, and Henry D.G. Wallace, Defendants.

United States District Court, S.D. New York.

January 19, 2005.

Attorney(s) appearing for the Case

Christopher Lovell, Lovell, Stewart, Halebian, L.L.P., Aaron Lee Brody, Stull, Stull & Brody, Christopher J. Gray, Law Office of Christopher J. Gray, P.C, New York City, for Plaintiff.

Jerome Steven Fortinsky, Shearman & Sterling LLP (New York), New York City, John D. Roesser, Shearman & Sterling LLP, for Defendant.

MEMORANDUM OPINION AND ORDER

HAIGHT, Senior District Judge.

Plaintiffs are a purported class of shareholders in Ford Motor Company ("Ford") who brought this action against Ford and two of its officers, former President and CEO Jacques Nasser ("Nasser") and former Group Vice President and CFO Henry D.G. Wallace ("Wallace"), alleging that Ford and its officers made fraudulent or misleading statements with respect to

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