Shareholders Seek Approval For $7.5M Faraday Future Deal

By Tom Lotshaw (February 14, 2024, 11:54 AM EST) -- Faraday Future Intelligent Electric Inc. investors are asking a California federal judge to certify a settlement class and approve a $7.5 million deal to resolve their claims that the company misled them about its electric vehicle reservations and financial prospects before a go-public special-purpose acquisition company merger....

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