FF Declares War on Short Sellers Alongside Investors: Company Initiates Legal Action

1 day ago / Read about 0 minute

Author：小编

On March 16, Faraday Future (FF) founder and co-CEO Jia Yueting announced that the company has officially initiated legal action against Hua Qixin and his associates for their recent suspected malicious and illegal short-selling activities. All FF employees, shareholders, and investors will jointly safeguard their legitimate rights and interests. Jia Yueting stated that the company's business is progressing smoothly, but the stock price performance has deviated from the operational fundamentals due to suspected illegal short-selling activities. FF has taken multiple legal measures, including evidence collection, regulatory complaints, and preparation for litigation, to resolutely combat market manipulation and uphold a fair market order.

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