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-0.00305623471882634 -0.000366748166259128 0.00647799511002452 0.00831295843520786 -0.0547677261613691 -0.0867982885085574 -0.0649144254278729 -0.0733496332518337
Stock impact report

Faraday Future Statement Regarding Misinformation Campaign and Recent Threats

Faraday Future Intelligent Electric Inc. (FFIE) 
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc.’s (the “Company”) board of directors, along with its advisors, continues to pursue financing alternatives with multiple parties to support the production of its FF 91. Unfortunately, efforts to raise capital have been impacted by a misinformation campaign of completely baseless allegations that certain directors are conspiring to pursue an unnecessary bankruptcy for their own personal gain. The Company hired an independent law firm to conduct a thorough independent external investigation with respect to these allegations. The independent investigation, led by a former prosecutor, found that these false allegations were without merit.These unfounded allegations have nevertheless continued against certain of the Company’s officers and directors. Threats that began with lawsuits have escalated to threats of physical violence and even death threats. Faraday takes these threats seriously and is referring them to the Show less Read more
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