Bronstein, Gewirtz & Grossman has filed a class action lawsuit against Lucid Group and certain officers, alleging violations of federal securities laws. The suit covers investors who purchased or acquired Lucid securities between February 25, 2026 and April 13, 2026. The complaint claims that defendants failed to disclose a supplier quality issue that significantly disrupted deliveries of the Lucid Gravity, which materially harmed the company's business and financial results, and that public statements about manufacturing and delivery capabilities were misleading. Investors have until July 28, 2026 to seek lead plaintiff appointment. The firm represents investors on a contingency fee basis.
Lucid Group IncClass action lawsuit alleging securities law violations for failing to disclose supplier quality issue disrupting deliveries.