Ford Must Face Workers' Improper Investment Claims

Law360, New York (December 29, 2008, 12:00 AM EST) -- In a blow to Ford Motor Co., a federal judge has shot down the automaker's bid to throw out a lawsuit filed on behalf of employees who claim the company mismanaged its retirement plans by continuing to invest them entirely in Ford stock even as the company fell into dire financial straits.

The Dec. 22 ruling by Judge Stephen J. Murphy of the U.S. District Court for the Eastern District of Michigan denied Ford's request to dismiss the case for failure to state a claim upon...
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