Deadline Alert: Lucid Group, Inc. (LCID) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit

A class action lawsuit has been filed against Lucid Group (LCID) for allegedly making materially false statements about its business operations during February-April 2026. The company failed to disclose significant supplier quality issues that disrupted Gravity deliveries for 29 days, resulting in production of 5,500 vehicles but only 3,093 deliveries. Subsequent financial results revealed massive misses on revenue ($282.47M vs. $433.8M consensus) and a net loss exceeding $1 billion. The stock declined significantly following these disclosures. Shareholders have until July 28, 2026 to file a lead plaintiff motion.