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8-K: Notice of Pending Resolution and Proposed Settlement of Shareholder Derivative Actions

8-K: Notice of Pending Resolution and Proposed Settlement of Shareholder Derivative Actions

8-K:股东衍生诉讼待决和拟议和解通知
美股SEC公告 ·  09/13 17:32

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Faraday Future Intelligent Electric Inc. (Faraday) has reached a settlement in principle regarding a series of derivative actions filed against certain current and former directors and officers of the company. These actions, collectively known as the Derivative Actions, alleged that between January 28, 2021, and April 14, 2022, the defendants breached fiduciary duties by issuing misleading statements and failing to disclose material facts about the company's operations and internal controls. The settlement, detailed in a Stipulation and Agreement of Settlement dated July 19, 2024, includes the adoption of specified corporate governance reforms and the payment of $775,000 in attorneys' fees and expenses to the plaintiffs' counsel, subject to court approval. A hearing to finalize the settlement is scheduled for November 4, 2024, before Judge Christina A. Snyder in the Central District of California. The settlement aims to dismiss the Derivative Actions with prejudice and release all related claims against the defendants.
Faraday Future Intelligent Electric Inc. (Faraday) has reached a settlement in principle regarding a series of derivative actions filed against certain current and former directors and officers of the company. These actions, collectively known as the Derivative Actions, alleged that between January 28, 2021, and April 14, 2022, the defendants breached fiduciary duties by issuing misleading statements and failing to disclose material facts about the company's operations and internal controls. The settlement, detailed in a Stipulation and Agreement of Settlement dated July 19, 2024, includes the adoption of specified corporate governance reforms and the payment of $775,000 in attorneys' fees and expenses to the plaintiffs' counsel, subject to court approval. A hearing to finalize the settlement is scheduled for November 4, 2024, before Judge Christina A. Snyder in the Central District of California. The settlement aims to dismiss the Derivative Actions with prejudice and release all related claims against the defendants.
Faraday Future Intelligent Electric Inc. (Faraday)在涉及公司某些现任和前任董事和高级管理人员的一系列衍生诉讼中达成了初步和解协议。这些诉讼,共同称为衍生诉讼,称被告在2021年1月28日至2022年4月14日期间违反了信托责任,并发表了误导性声明,未披露有关公司运营和内部控制的重要事实。协议详细地记载在2024年7月19日的《和解认可及协议书》中,其中包括采用指定的公司治理改革,并支付77.5万美元的律师费用和诉讼费用给原告律师,待法院批准。一次最终敲定和解的听证会预定于2024年11月4日,在加州中区的Christina A. Snyder法官主持。此和解旨在终结上述衍生诉讼,并撤销所有与被告有关的索赔。
Faraday Future Intelligent Electric Inc. (Faraday)在涉及公司某些现任和前任董事和高级管理人员的一系列衍生诉讼中达成了初步和解协议。这些诉讼,共同称为衍生诉讼,称被告在2021年1月28日至2022年4月14日期间违反了信托责任,并发表了误导性声明,未披露有关公司运营和内部控制的重要事实。协议详细地记载在2024年7月19日的《和解认可及协议书》中,其中包括采用指定的公司治理改革,并支付77.5万美元的律师费用和诉讼费用给原告律师,待法院批准。一次最终敲定和解的听证会预定于2024年11月4日,在加州中区的Christina A. Snyder法官主持。此和解旨在终结上述衍生诉讼,并撤销所有与被告有关的索赔。
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