Faraday Future asks SEC to probe alleged illegal short selling, market manipulation

Faraday Future Intelligent Electric

Faraday Future Intelligent Electric

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  • Faraday Future submitted a regulatory referral letter to the SEC seeking an investigation into alleged illegal short selling and market manipulation.
  • The filing cites alleged conduct by Hua Qixin and associates, including dissemination of false information and investor misdirection aimed at pressuring the stock.
  • Faraday Future said it has preserved evidence and plans additional legal and regulatory actions in the US, China, and other jurisdictions.


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