EV startup Faraday Future refutes claims made by top shareholder

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Faraday Future's luxury electric car FF91 is seen at the company's headquarters in Gardena, California, U.S. November 21, 2019. REUTERS/Lucy Nicholson

Aug 29 (Reuters) - Faraday Future Intelligent Electric Inc (FFIE.O) on Monday refuted claims made by the electric vehicle startup's largest shareholder regarding its rights as a stakeholder.

Earlier this month top shareholder FF Top called for a special meeting to remove Brian Krolicki from Faraday Future's board.

The EV startup said FF Top breached a shareholder agreement by soliciting investors to vote in favor of removing Krolicki.

FF Top did not immediately respond to a request for comment.

Faraday Future has called for a special shareholder meeting, but a date hasn't been set yet.

FF Top, which has a stake of about 36% stake in the company, said in a regulatory filing last week that it had asked Faraday Future to provide "certain books and records" for one or more proxy proposals it was contemplating.(Source:Automotive News)