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Ford Mustang Shelby GT350 Lawsuit Settlement Established

Seven years ago, a class action lawsuit was filed after several Ford Mustang Shelby GT350 owners experienced overheating issues that stem from what plaintiffs alleged were defective transmissions and rear differentials. Despite being marketed as a “track ready” machine, owners claimed that these overheating issues were forcing their cars into limp mode at the track or even on the street after just a few minutes of hard driving. Since then, the case has been toiling around in various courts, but now, a settlement has finally been established, according to Car Complaints.

This particular Ford Mustang Shelby GT350 lawsuit – Tershakovec, et al., v Ford Motor Company – was filed in the U.S. District Court for the Southern District of Florida by a group of plaintiffs represented by Hagens Berman, and Grossman Roth Yaffa Cohen. It alleges that Ford knew about this purported defect before the GT350 went on sale, and also claims that owners are stuck with cars facing diminished value as a result.

After being reduced to a total of nine states, the lawsuit was whittled down to include only Florida, Missouri, New York, and Washington in its latest form, and pertains to customers who purchased a 2016 model year Ford Mustang Shelby GT350 Base model or those equipped with the optional Technology Package from a Ford dealership on or before April 27th, 2016. Ultimately, a Florida judge ruled in favor of Ford, noting that it didn’t engage in any deceptive practices that caused the plaintiffs to lose money, but also noted that a settlement had been reached between the two parties.

“Plaintiffs hereby provide notice that Plaintiffs and Defendant Ford Motor Company (Ford) have reached an agreement in principle to resolve all claims asserted against Ford in this action,” the settlement reads. “Plaintiffs and Ford are working to finalize and document their agreement. Plaintiffs will provide another update on status on or before May 24, 2024.”

We’ll have more on this and all of Ford’s lawsuits soon, so be sure and subscribe to Ford Authority for more Ford Mustang newsFord lawsuit news, and ongoing Ford news coverage.

Brett's lost track of all the Fords he's owned over the years and how much he's spent modifying them, but his current money pits include an S550 Mustang and 13th gen F-150.

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Comment

  1. Paul

    As a respect to the customers who has these model year GT350’s, Ford should issue a recall repair order to have the track pack coolers installed on every car. That’s a solid way to settle this 👨🏾‍⚖️

    Reply

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