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Deadline Alert: Lucid Group, Inc. (LCID) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
GlobeNewswire Inc.·
A class action lawsuit has been filed against Lucid Group (LCID) for allegedly making materially false statements about its business operations. The lawsuit covers investors who purchased securities between February 25, 2026 and April 13, 2026. Lucid faced significant delivery disruptions due to supplier quality issues with second-row seats, resulting in missed revenue guidance ($282.47M vs. $433.8M consensus) and substantial operational losses exceeding $1 billion. The stock declined significantly following multiple negative announcements in April and May 2026. The deadline to file a lead plaintiff motion is July 28, 2026.
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