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LCID Shareholder Alert: Lucid Group, Inc. Securities Class Action Lawsuit - Investors With Losses May Contact Levi & Korsinsky

GlobeNewswire Inc.·
LCID Shareholder Alert: Lucid Group, Inc. Securities Class Action Lawsuit - Investors With Losses May Contact Levi & Korsinsky

Lucid Group faces a securities class action lawsuit alleging material misstatements regarding supplier oversight and manufacturing capabilities. The company's 2025 Form 10-K claimed 'comprehensive' supplier qualification processes and 'strong relationships,' but an unauthorized supplier change and defective seatbelt welds on 4,476 Gravity SUVs halted deliveries for 29 days in February 2026, causing a $1.57 per share stock decline. Investors who purchased shares between February 25 and April 13, 2026 may be eligible for recovery.

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