BEIJING: Faraday & Future Inc, the electric carmaker run by Chinese entrepreneur Jia Yueting, is suing a startup founded by its former chief financial and technology officers for allegedly poaching talent and stealing valuable intellectual property.
Faraday accused former CFO Stefan Krause and ex-CTO Ulrich Kranz of soliciting at least 20 former employees to join a key rival they started, according to a complaint lodged with the US District Court for the Central District of California. Some employees brought technology secrets over to Evelozcity Inc, the lawsuit says.