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0.0295728368017526 0.0350492880613364 0 0.0350492880613364 0 0.00876232201533416 0.0251916757940855 -0.0142387732749178
Stock impact report

Faraday Future Files Lawsuit Against Ding Lei and Affiliated Companies of Human Horizons for Infringement of Trade Secrets and Unfair Competition

Faraday Future Intelligent Electric Inc. (FFIE) 
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE), a California-based global shared intelligent electric mobility ecosystem company, announced today that it and its Chinese subsidiary (collectively, the “Company,” “Faraday Future” or “FF”) filed a lawsuit against Ding Lei, a former executive of the Company and founder of Human Horizons Holdings (Shanghai) Co., Ltd. (together with other affiliated companies, “Human Horizons”) in the Intermediate People's Court of Shenzhen, China, for infringement of trade secrets and unfair competition. The Company requests monetary damages and further requests that the court order Human Horizons to immediately cease infringing on the Company’s trade secrets relating to the FF 91, including but not limited to cease (i) using the trade secrets involved in the case, (ii) using the trade secrets involved in the case to design, develop, produce and sell alleged infringing products, and (iii) selling the alleged infri Show less Read more
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