Showing posts with label Ford insider trading. Show all posts
Showing posts with label Ford insider trading. Show all posts

Friday, August 25, 2017

Ford settles one suit, potential billions more on the line


Ford has recently settled a harassment and discrimination case in Chicago. The Chicago Assembly and Stamping plants settled for $10.1 million through the EEOC.

This is the tip of the iceberg folks with more to come if rumors are to be believed.

Buzz is going around about a class action lawsuit against Ford for harassment and discrimination regardless of Chicago. The buzz includes a contract and frauds potential lawsuit against both Ford and the UAW for contract violations in regard to unequal employee discipline. This has the potential to cost hundreds of millions to Ford on behalf of current AND former employees.

In addition to the recent Chicago settlement, which was made in the hopes they could avoid a class action, they can't, there is a settlement on the table for their faulty transmissions. It should be finalized in October. The resulting loss appears to be about a billion plus.

There also is the ongoing investigation into insider trading allegations against Ford that we have exclusively covered right here.

Another potential billion dollar payout once the SEC gets done slow walking this, it has been ongoing for almost 4 years, and may include a deliberate attempt of sabotage by the SEC IG himself, Carl Hoecker, imo, and others from the Obama regime, it also includes an FBI investigation.

Wonder why Ford stock has lost value while the market continues to go up?

These are examples why, and it will get worse, much worse.

The former CEO Mark Fields being ousted was a scam designed to pretend it was his fault.

He was involved, but the fault lies squarely at the top with the Ford family, primarily Bill Ford, itself based on my research.

Stay tuned and be wary, Ford stock will continue its slide until they finally settle these debts and begin anew.


Listen daily from 7-8pm at The Ed Springston Show. Also visit Louisville Politics for more details and in depth coverage of local political and news issues.

Sunday, February 28, 2016

Ford, Fischer, public corruption book coming


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Louisville, KY - After being contacted by multiple publishers, who are familiar with my investigations into public corruption, to write a book, I decided a couple of months ago to follow their advice and do so. Though I have not decided on which publisher to go with at this point they, and I, are keenly interested in publicizing corrupt officials and the insider game played between them and Corporate America.

Monday, May 25, 2015

Ford to feds: Bring it on

Louisville, KY -  As you know I have outlined much in regards to Ford Motor Company, my belief that they have engaged in insider trading, proof that there is a current investigation being undertaken, thanks to my filing of the complaint, and so much more.

The one thing I really have never understood is why Ford would go out of its way to protect a low level executive from being held accountable for insider trading allegations. James T. Young, as we know he was the one who allegedly proudly bragged about buying Ford stock based on insider information. You don't put an entire company at risk over one such person unless the rabbit hole goes deeper.

I believe it may go all the way to the Ford family itself.

Thursday, May 21, 2015

LIBOR Scandal: Did Ford Credit benefit?



Louisville, KY - On Wednesday it was announced that four banks pled guilty and at least six banks would pay almost $6 Billion total in fines for trying to manipulate foreign exchange rates. This is just the latest in all of the seemingly daily settlements for corporate wrongdoing in the stock market manipulation, yet miraculously, no one is in jail.

JP Morgan Chase of course is involved once again, along with, Citigroup, Barclays, UBS and Royal Bank of Scotland. The charges were cheating their clients to boost their own profits using invitation-only chat rooms and coded language to coordinate their trades.

And they pled guilty, and no one is in jail.

Saturday, May 16, 2015

Ford/Fischer; How deep does the rabbit hole go?

Louisville, KY - For over a year now I have been investigating Mayor Greg Fischer and Ford Motor Company for what I believe to be collusion in a criminal act against former Ford employee Jay Morgan. You can read all of the stories here. Unfortunately, as usual, the stories just keep coming the more I delve into the research.

Tuesday, April 14, 2015

Ford's revolving door and the myth of the auto bailout

(Correction: This article has been updated to correct the lobby spending by Quinn. Total lobby spending during the years mentioned includes ALL lobby spending. Quinn is included as part of that total and did not spend up to $3.5 billion on its own.)
 
Louisville, KY - We have been the only media outlet to date to write extensively on the apparent insider trading cover up, alleged by Jay Morgan against Ford Motor Company, that came to light during discovery on the current lawsuit against Mayor Greg Fischer for libel/slander.

There are still many questions to be asked and answered. The most basic one for Ford is, just how deep does the rabbit hole go?

We are about to find out......

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