Faraday & Future Inc. was sued for $106 million Jan. 3 by its former general counsel, who claims in Manhattan federal court that the electric car startup lured him away from a Mayer Brown LLP partnership by fraudulently overstating its prospects.
Top Faraday executives used false claims about a pending $2 billion investment to get Hong Liu, a China expert, to abandon his lucrative practice and move his family from New York to California, according to the lawsuit. It was filed in the U.S. District Court for the Southern District of New York.
The major investment never ...