Ford Motor Co.’s shares slid roughly 5% Monday, following news of a $1.7 billion jury verdict involving a fatal rollover accident in one of its older-model heavy-duty trucks.
A jury in Georgia on Friday reached the verdict after a three-week trial, determining punitive damages should be imposed on Ford for selling 5.2 million Super Duty trucks that the plaintiffs’ lawyers argued had dangerously weak roofs vulnerable to collapsing in a rollover crash.
