Electric Car Co. Investor Sues In Del. Over Disclosure Failures

By Leslie A. Pappas (June 14, 2022, 11:19 PM EDT) -- The shareholder of a special-purpose acquisition company that took electric vehicle start-up Faraday Future public in 2021 filed a proposed class action complaint in Delaware's Court of Chancery on Tuesday, alleging company leaders misled shareholders about the true value of the luxury electric car company before the merger. ...

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