Ford Transmission Settlement Receives Final Approval

Mealey's (November 1, 2017, 1:22 PM EDT) -- LOS ANGELES — A California federal judge on Oct. 18 granted final approval to a settlement reached between Ford Motor Co. and current and former owners and lessees of certain years of Fiesta and Focus to a cash payment or a repurchase of their vehicle equipped with allegedly faulty transmissions and ordered Ford to pay more than $8.5 million in attorney fees (Omar Vargas, et al. v. Ford Motor Company, No. 12-8388, C.D. Calif., 2017 U.S. Dist. LEXIS 177145)....