Market Chatter: Ford Motor Seeks to Overturn $13.2 Million InterMotive Verdict

MT newswire2026/10/22 18:06

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02:06 PM EDT, 10/22/2026 (MT Newswires) -- Ford Motor (F) faced a skeptical three-judge panel at the Sixth Circuit Court of Appeals on Thursday as it sought to overturn or reduce a $13.2 million jury award to supplier InterMotive for trade secret misappropriation, Bloomberg reported on the same day. Ford is accused of taking InterMotive's proprietary power control interface technology to a competitor to obtain a cheaper alternative, the report added. Ford Motor and InterMotive didn't immediately reply to MT Newswires' request for comments. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 11.88, Change: -0.02, Percent Change: -0.17

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