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Settlement Proposed in Fomoco ERISA Class Action


This is a settlement for the Securities/Stock Fraud lawsuit.

Detroit, MI The FOMOCO ERISA Settlement Administrator announces to all members of the following Class: All current or former participants in or beneficiaries of the Ford Motor Company Savings and Stock Investment Plan for Salaried Employees and the Ford Motor Company Tax-Efficient Savings Plan for Hourly Employees (which are collectively referred to herein as the "Plans"), whose individual Plan account(s) included investments in Ford Motor Company ("Ford") stock at any time during the period April 15, 2000 and August 27, 2010, inclusive (the "Class Period") and all beneficiaries, alternate payees, representatives, and successors-in-interest of any such person (collectively, the "Settlement Class").

A proposed Settlement has been preliminarily approved by the United States District Court for the Eastern District of Michigan ("the Court") in In re Ford Motor Company ERISA Litigation, Consolidated Master Case No. 06-cv-11718, a class action lawsuit alleging breaches of fiduciary duties under the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), in connection with the Plans identified above. The terms of the Settlement are contained in a Stipulation and Agreement of Settlement, dated August 27, 2010 (the "Stipulation"), a copy of which is available at ERISAsettlementfomoco.com

Under the proposed Settlement, Ford has agreed to implement remedial provisions to enhance the ability of Class Members to save for retirement. Specifically, Ford will make online financial advice tools or materials (or their equivalent) available to Class Members for a four-year period beginning on the date the online financial advice tools or materials are implemented. For a period of four years following Final Approval of the Settlement, Ford will enhance participant communications to Active Participants, and arrange third-party fiduciary training for Ford's Investment Process Oversight Committee and Investment Process Committee. Ford will also, within ninety days of the Effective Date of Settlement, provide a notice to Active Participants whose Plan investment in Ford stock at that time exceeds 20% of their total Plan holdings concerning the importance of maintaining diversified investments.

Additionally, if Ford elects in its discretion to offer an employee match under the Ford Motor Company Savings and Stock Investment Plan for Salaried Employees ("SSIP") during the three-year period following the Final Approval of Settlement such a match will be (a) provided in cash; and (b) invested in any applicable investment option under the SSIP designated by the Active Participant or, if no investment option has been designated, then in the applicable default investment option.

Members of the Settlement Class do not need to submit a claim or take any other action unless they wish to object to the Settlement. The Court will hold a hearing on February 15, 2011 to decide whether to approve the Settlement.

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Published on Nov-1-10


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