Fisker, an electric car company, and its top officers were named in a securities class action on Nov. 27 in California Central District Court. The suit, brought by Glancy Prongay & Murray, accuses the defendants of underreporting Q3 2023 losses and concealing the company’s ability to meet delivery schedules. Counsel have not yet appeared for the defendants. The case is 2:23-cv-09976, Zahabi v. Fisker Inc. et al.
This suit was surfaced by Law.com Radar, a cutting edge solution for new suit alerts from federal and state courts. Law.com Radar delivers AI-enhanced case summaries and daily case reports from more than 1,100 courts—all backed by the industry’s most trusted source for legal news and data. Click here to get started and be first to act on opportunities in your region, practice area or client sector.
