FF’s major shareholder files a lawsuit against the company: demanding the removal of two board members

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According to court documents, the majority shareholder of Faraday Future, an electric car start-up, filed a lawsuit against the company, demanding the removal of two board members, which has escalated Faraday Future’s board reform dispute again. Faraday Future has not yet started mass production of the FF 91 luxury electric car. Major shareholder FF Top has been pressuring the company to remove executive chairman Susan Swenson and board member Brian Krolicki. FF Top owns more than 20% of Faraday Future’s company shares and about 36% of voting rights.
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