Glancy Prongay Wolke & Rotter LLP reminds Lucid Group, Inc. investors of a July 28, 2026 deadline to file a lead plaintiff motion in a class action lawsuit. The suit covers those who purchased Lucid securities between February 25, 2026 and April 13, 2026. The complaint alleges the company made misleading statements and failed to disclose that a supplier quality issue significantly disrupted deliveries of the Lucid Gravity, negatively impacting its business and financial results. Lucid's stock fell 11.35% over two days after announcing first-quarter delivery disruptions on April 3, 2026, and dropped further following preliminary and final first-quarter results that missed estimates.
Lucid Group IncSecurities fraud lawsuit alleging misleading statements about supplier quality issue disrupting Lucid Gravity deliveries.