{"id":971197,"date":"2026-06-05T16:02:10","date_gmt":"2026-06-05T20:02:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholders-who-lost-money-in-lucid-group-inc-nasdaq-lcid-should-contact-wolf-haldenstein-immediately\/"},"modified":"2026-06-05T16:02:10","modified_gmt":"2026-06-05T20:02:10","slug":"shareholders-who-lost-money-in-lucid-group-inc-nasdaq-lcid-should-contact-wolf-haldenstein-immediately","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholders-who-lost-money-in-lucid-group-inc-nasdaq-lcid-should-contact-wolf-haldenstein-immediately\/","title":{"rendered":"Shareholders who lost money in Lucid Group, Inc. (NASDAQ: LCID) Should Contact Wolf Haldenstein Immediately"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p class=\"prntac\">\n        <b>Lead Plaintiff Deadline July 28, 2026<\/b>\n      <\/p>\n<p>\n        <span class=\"legendSpanClass\">NEW YORK<\/span>, <span class=\"legendSpanClass\">June 5, 2026<\/span> \/PRNewswire\/ &#8212; <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4705368-1&amp;h=4007446060&amp;u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Flucid-group-inc-nasdaq-lcid%2F&amp;a=Wolf+Haldenstein+Adler+Freeman+%26+Herz+LLP\" target=\"_blank\" rel=\"nofollow\">Wolf Haldenstein Adler Freeman &amp; Herz LLP<\/a> reminds investors that a securities <span>fraud<\/span> class action has been filed on behalf of investors who purchased or acquired shares of Lucid Group, Inc. (NASDAQ: LCID or the &#8220;Company&#8221;) between\u00a0<b>February 25, 2026 and April 13, 2026<\/b>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <img decoding=\"async\" src=\"https:\/\/mmx.prnewswire.com\/media\/MS903972\/Wolf-Haldenstein-Adler-Freeman-Logo.jpg?id=OA2682525\" title=\"(PRNewsfoto\/Wolf Haldenstein Adler Freeman )\" alt=\"(PRNewsfoto\/Wolf Haldenstein Adler Freeman )\" \/>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>Investors seeking to serve as lead plaintiff must file a motion by July 28, 2026. <\/b>\n      <\/p>\n<p class=\"prntac\">\n        <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4705368-1&amp;h=2529685523&amp;u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Flucid-group-inc-nasdaq-lcid%2F&amp;a=PLEASE+CLICK+HERE+TO+JOIN+THE+CASE+AND+SUBMIT+CONTACT+INFORMATION\" target=\"_blank\" rel=\"nofollow\"><br \/>\n          <b>PLEASE CLICK HERE TO JOIN THE CASE AND SUBMIT CONTACT INFORMATION<\/b><br \/>\n        <\/a>\n      <\/p>\n<p>\n        <b>Allegations<\/b>\n      <\/p>\n<p>The lawsuit centers on disclosures concerning production, deliveries, financial performance, and operational issues:<\/p>\n<ol type=\"1\">\n<li>\n          <b>Production and delivery problems<\/b><\/p>\n<ul type=\"circle\">\n<li>On April 3, 2026, Lucid reported producing 5,500 vehicles but delivering only 3,093 vehicles.<\/li>\n<li>The company stated that deliveries of the Lucid Gravity were disrupted for 29 days because of a supplier-quality issue involving second-row seats, which affected its ability to meet customer demand.<\/li>\n<\/ul>\n<\/li>\n<li>\n          <b>Stock-price decline after delivery disclosures<\/b><\/p>\n<ul type=\"circle\">\n<li>Following reports about the delivery shortfall and related supplier issues, Lucid&#8217;s stock fell approximately 11.35% over two trading days, closing at $8.83 on April 7, 2026.<\/li>\n<\/ul>\n<\/li>\n<li>\n          <b>Weak preliminary financial results<\/b><\/p>\n<ul type=\"circle\">\n<li>On April 14, 2026, Lucid disclosed preliminary first-quarter revenue of $280\u2013$284 million, well below analyst expectations of $433.8 million, along with operating losses approaching $1 billion.<\/li>\n<li>The company also announced plans to raise approximately $1.05 billion in capital, including a public stock offering. The stock declined another 4.76% on the news.<\/li>\n<\/ul>\n<\/li>\n<li>\n          <b>Final first-quarter results<\/b><\/p>\n<ul type=\"circle\">\n<li>On May 5, 2026, Lucid reported a GAAP loss of $3.46 per share, a net loss exceeding $1 billion, and revenue of $282.47 million, all below expectations.<\/li>\n<li>Management acknowledged that the supplier issue negatively affected results and that inventory levels were elevated.<\/li>\n<li>The stock fell another 7.47% over two trading days, closing at $6.19 on May 6, 2026.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<p>\n        <b>Investor Takeaway<\/b>\n      <\/p>\n<p>The lawsuit <span>alleges<\/span> that investors were harmed when the market learned the extent of Lucid&#8217;s production disruptions, delivery shortfalls, financial underperformance, and need for additional capital, leading to significant stock-price declines.<\/p>\n<p>\n        <b>Investors who purchased Lucid shares during the class period and suffered losses may be eligible to participate in the case, with the lead-plaintiff deadline set for July 28, 2026. <\/b>\n      <\/p>\n<p class=\"prntac\">\n        <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4705368-1&amp;h=1358345484&amp;u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Flucid-group-inc-nasdaq-lcid%2F&amp;a=WHY+WOLF+HALDENSTEIN%3F\" target=\"_blank\" rel=\"nofollow\"><br \/>\n          <b>WHY WOLF HALDENSTEIN?<\/b><br \/>\n        <\/a>\n      <\/p>\n<p>This illustrious <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4705368-1&amp;h=2554551505&amp;u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Flucid-group-inc-nasdaq-lcid%2F&amp;a=firm%2C\" target=\"_blank\" rel=\"nofollow\">firm,<\/a> founded in 1888, is steadfast in their pursuit of justice for investors who have suffered financial harm due to these misrepresented statements.\u00a0The <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4705368-1&amp;h=1489337981&amp;u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Flucid-group-inc-nasdaq-lcid%2F&amp;a=law+firm%C2%A0\" target=\"_blank\" rel=\"nofollow\">law firm\u00a0<\/a>brings to the fore over 125 years of legal expertise in securities litigation and has a proven track record of protecting the rights of investors.<\/p>\n<p>We encourage all investors who have been affected or have information that will assist in our investigation, to contact\u00a0<a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4705368-1&amp;h=666252087&amp;u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Flucid-group-inc-nasdaq-lcid%2F&amp;a=Wolf+Haldenstein+Adler+Freeman+%26+Herz+LLP.\" target=\"_blank\" rel=\"nofollow\">Wolf Haldenstein Adler Freeman &amp; Herz LLP.<\/a><\/p>\n<p>\n        <b>There is no cost or obligation to speak with an attorney.<\/b>\n      <\/p>\n<p>\n        <b>Contact:<\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>\n          <b>Phone:<\/b>\u00a0(800) 575-0735 or (212) 545-4774<\/li>\n<li>\n          <b>Email:<\/b>\u00a0<a href=\"mailto:classmember@whafh.com\" target=\"_blank\" rel=\"nofollow\">classmember@whafh.com<\/a><\/li>\n<li>\n          <b>Contact Person:<\/b>\u00a0<a href=\"mailto:gstone@whafh.com\" target=\"_blank\" rel=\"nofollow\">Gregory Stone, Director of Case and Financial Analysis<\/a><\/li>\n<\/ul>\n<p>\n        <b>Firm Website:<\/b><br \/>\n        <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4705368-1&amp;h=4007446060&amp;u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Flucid-group-inc-nasdaq-lcid%2F&amp;a=Wolf+Haldenstein+Adler+Freeman+%26+Herz+LLP\" target=\"_blank\" rel=\"nofollow\">Wolf Haldenstein Adler Freeman &amp; Herz LLP<\/a>\n      <\/p>\n<p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=NY77328&amp;sd=2026-06-05\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/shareholders-who-lost-money-in-lucid-group-inc-nasdaq-lcid-should-contact-wolf-haldenstein-immediately-302792998.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/shareholders-who-lost-money-in-lucid-group-inc-nasdaq-lcid-should-contact-wolf-haldenstein-immediately-302792998.html<\/a><\/p>\n<p>SOURCE Wolf Haldenstein Adler Freeman &amp; Herz LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY77328&amp;Transmission_Id=202606051559PR_NEWS_USPR_____NY77328&amp;DateId=20260605\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Lead Plaintiff Deadline July 28, 2026 NEW YORK, June 5, 2026 \/PRNewswire\/ &#8212; Wolf Haldenstein Adler Freeman &amp; Herz LLP reminds investors that a securities fraud class action has been filed on behalf of investors who purchased or acquired shares of Lucid Group, Inc. (NASDAQ: LCID or the &#8220;Company&#8221;) between\u00a0February 25, 2026 and April 13, 2026. Investors seeking to serve as lead plaintiff must file a motion by July 28, 2026. PLEASE CLICK HERE TO JOIN THE CASE AND SUBMIT CONTACT INFORMATION Allegations The lawsuit centers on disclosures concerning production, deliveries, financial performance, and operational issues: Production and delivery problems On April 3, 2026, Lucid reported producing 5,500 vehicles but delivering only 3,093 vehicles. The company stated that &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholders-who-lost-money-in-lucid-group-inc-nasdaq-lcid-should-contact-wolf-haldenstein-immediately\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Shareholders who lost money in Lucid Group, Inc. (NASDAQ: LCID) Should Contact Wolf Haldenstein Immediately&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-971197","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shareholders who lost money in Lucid Group, Inc. (NASDAQ: LCID) Should Contact Wolf Haldenstein Immediately - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholders-who-lost-money-in-lucid-group-inc-nasdaq-lcid-should-contact-wolf-haldenstein-immediately\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shareholders who lost money in Lucid Group, Inc. (NASDAQ: LCID) Should Contact Wolf Haldenstein Immediately - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Lead Plaintiff Deadline July 28, 2026 NEW YORK, June 5, 2026 \/PRNewswire\/ &#8212; Wolf Haldenstein Adler Freeman &amp; Herz LLP reminds investors that a securities fraud class action has been filed on behalf of investors who purchased or acquired shares of Lucid Group, Inc. (NASDAQ: LCID or the &#8220;Company&#8221;) between\u00a0February 25, 2026 and April 13, 2026. Investors seeking to serve as lead plaintiff must file a motion by July 28, 2026. PLEASE CLICK HERE TO JOIN THE CASE AND SUBMIT CONTACT INFORMATION Allegations The lawsuit centers on disclosures concerning production, deliveries, financial performance, and operational issues: Production and delivery problems On April 3, 2026, Lucid reported producing 5,500 vehicles but delivering only 3,093 vehicles. The company stated that &hellip; Continue reading &quot;Shareholders who lost money in Lucid Group, Inc. 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Investors seeking to serve as lead plaintiff must file a motion by July 28, 2026. PLEASE CLICK HERE TO JOIN THE CASE AND SUBMIT CONTACT INFORMATION Allegations The lawsuit centers on disclosures concerning production, deliveries, financial performance, and operational issues: Production and delivery problems On April 3, 2026, Lucid reported producing 5,500 vehicles but delivering only 3,093 vehicles. The company stated that &hellip; Continue reading \"Shareholders who lost money in Lucid Group, Inc. (NASDAQ: LCID) Should Contact Wolf Haldenstein Immediately\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholders-who-lost-money-in-lucid-group-inc-nasdaq-lcid-should-contact-wolf-haldenstein-immediately\/","og_site_name":"Market Newsdesk","article_published_time":"2026-06-05T20:02:10+00:00","og_image":[{"url":"https:\/\/mmx.prnewswire.com\/media\/MS903972\/Wolf-Haldenstein-Adler-Freeman-Logo.jpg?id=OA2682525","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholders-who-lost-money-in-lucid-group-inc-nasdaq-lcid-should-contact-wolf-haldenstein-immediately\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholders-who-lost-money-in-lucid-group-inc-nasdaq-lcid-should-contact-wolf-haldenstein-immediately\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Shareholders who lost money in Lucid Group, Inc. 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