Pomerantz Law Firm Announces the Filing of a Class Action Against Lucid Group, Inc . and Certain Officers – LCID

Pomerantz LLP has filed a class action lawsuit against Lucid Group, Inc. on behalf of investors who purchased securities between February 25, 2026 and April 13, 2026. The lawsuit alleges that Lucid executives made false statements about manufacturing and delivery improvements while concealing significant supplier quality issues that disrupted Lucid Gravity deliveries for 29 days in Q1 2026. The company missed delivery estimates with only 3,093 vehicles delivered versus 5,500 produced, resulting in an 11.35% stock price decline and subsequent disclosure of massive operational losses exceeding $1 billion.