EV maker Lordstown plans to sue Foxconn over funding dispute
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Lordstown (RIDE) plans lawsuit against Foxconn over stake dispute
June 9, 2023 7:56 AM EDTOhio-based Lordstown Motors (NASDAQ: RIDE) revealed Friday plans to take legal action Foxconn, one of its prominent investors. The objective of this lawsuit is to ensure that Foxconn fulfills its commitment to acquiring approximately 10% of the shares of this emerging electric vehicle... More
