Faraday Future engages law firm over alleged market manipulation

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Faraday Future Takes Action in Response to Recent Suspected Illegal Market Manipulation by Hua Qixin and Continues to Collect Evidence

March 13, 2026 12:56 AM EDT

The Company has issued demand letters to multiple relevant platforms, requesting the preservation of evidence and cooperation with legal investigations. One of the biggest platforms has responded by proactively removing alleged false information. The Company has engaged global law firm Paul Hastings LLP to evaluate its legal options. The Company is reviewing evidence related to suspected illegal market manipulation.

LOS ANGELES--(BUSINESS WIRE)-- Faraday Future Intelligent Electric Inc. (Nasdaq FFAI) (Faraday Future, FF, or the Company), a California-based global Embodied AI (EAI) ecosystem company, today announced that it has taken action in response to... More