Press release
Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) Investor Notice: Deadline in Lawsuit on February 22, 2022
A Deadline is coming up on February 22, 2022 in the lawsuit for certain investors in Faraday Future Intelligent Electric Inc.
Investors who purchased shares of Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) have certain options and there are strict and short deadlines running. Deadline: February 22, 2022. NASDAQ: FFIE stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges on behalf of purchasers of Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) common shares between January 28, 2021 and November 15, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between January 28, 2021 and November 15, 2021, the defendants made false and/or misleading statements and/or failed to disclose that the Company had assets in China frozen by courts, that a significant percentage of its deposits for future deliveries were attributable to a single undisclosed affiliate, that the Company's cars were not as close to production as the Company claimed, that as a result of previously issued statements that were misleading and/or inaccurate, Faraday Future could not timely file its quarterly report, and that as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
Those who purchased shares of Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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