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Electric Aircraft Co. Investor Drops Flight Test Suit

By Emilie Ruscoe (October 24, 2023, 6:42 PM EDT) -- An Archer Aviation Inc. investor has agreed to dismiss a proposed class action alleging the electric aircraft maker and some of its brass misrepresented certain fundamentals of its business, including how much it had tested its aircraft, hurting investors when publication of a short-seller's report nudged down its trading prices....

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