Faraday Future Intelligent Electric Inc. is the subject of a securities class action settlement covering investors who purchased FFIE securities between January 28, 2021 and April 14, 2022, or who beneficially owned PSAC Class A common stock as of June 21, 2021 and were eligible to vote at the July 20, 2021 special meeting. The $7.5 million total settlement fund provided approximately $0.07 per damaged share before fees and approximately $0.04 per share after deductions. The claim deadline for this settlement passed on February 12, 2024.