Hours after it was made public that struggling electric car startup Faraday Future was losing three top executives, the company is coming out swinging against the one who was most deeply involved in trying to keep the lights on. In a post on the company’s website, Faraday Future is accusing now-former CFO Stefan Krause of “malfeasance and dereliction of duty,” as well as a “possible violation of law.”
Faraday Future also claims that it terminated the executive when he left last month, as first reported by Jalopnik. The company says Krause was “hindering FF’s fundraising efforts.”
“Stefan Krause’s possible violation of law and lack of contribution to FF’s goals over the course of his leadership since March has led to severe damages to the interests of FF and its investor,” the statement says. “FF is currently taking legal actions as a result of Stefan Krause’s malfeasance and dereliction of duty.”
Read Article