{"id":971546,"date":"2026-06-11T20:03:06","date_gmt":"2026-06-12T00:03:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lcid-investor-reminder-lucid-group-inc-investors-have-until-july-28-2026to-seek-lead-plaintiff-role\/"},"modified":"2026-06-11T20:03:06","modified_gmt":"2026-06-12T00:03:06","slug":"lcid-investor-reminder-lucid-group-inc-investors-have-until-july-28-2026to-seek-lead-plaintiff-role","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lcid-investor-reminder-lucid-group-inc-investors-have-until-july-28-2026to-seek-lead-plaintiff-role\/","title":{"rendered":"LCID INVESTOR REMINDER: Lucid Group, Inc. Investors Have Until July 28, 2026To Seek Lead Plaintiff Role"},"content":{"rendered":"

<\/p>\n

LCID INVESTOR REMINDER: Lucid Group, Inc. Investors Have Until July 28, 2026<\/b>To Seek Lead Plaintiff Role<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nIf you have suffered a loss on your Lucid Group, Inc. (\u201cLucid\u201d or the \u201cCompany\u201d) (NASDAQ:LCID) investment, contact Lauren Molinaro<\/a> of Kirby McInerney LLP by email at investigations@kmllp.com<\/a>, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost.<\/p>\n

\nInvestors have until July 28, 2026 to ask the Court to appoint them as lead plaintiff. Courts do not consider applications filed after this deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual investors as lead plaintiffs, not only institutions.<\/p>\n

\n[CONTACT THE FIRM IF YOU SUFFERED A LOSS<\/a>]<\/p>\n

What Is The Lawsuit About?<\/b><\/p>\n

\nThe lawsuit has been filed on behalf of investors who purchased securities during the period of February 25, 2026 through April 13, 2026, inclusive (\u201cthe Class Period\u201d). The lawsuit alleges that (1) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (2) the foregoing was likely to, and did, have a material negative impact on the Company\u2019s business and financial results; and (3) the Company had overstated the purported enhancements to Lucid\u2019s manufacturing and delivery capabilities and overall operations.<\/p>\n

\nOn April 3, 2026, Lucid issued a press release revealing that it had \u201cproduced 5,500 vehicles\u201d during Q1 2026, while only \u201cdeliver[ing] 3,093 vehicles.\u201d The press release further disclosed that, \u201c[d]uring the quarter, deliveries of the Lucid Gravity were disrupted for 29 days due to a supplier quality issue with the second-row seats\u201d and, \u201c[a]s a result of this, the [C]ompany\u2019s ability to meet customer demand was impacted.\u201d The same day, Reuters<\/i> published an article entitled \u201cLucid misses first-quarter vehicle delivery estimates on supplier disruptions.\u201d The article provided additional comments from Marc Winterhoff, the Company\u2019s Interim Chief Executive Officer, regarding Lucid\u2019s disappointing Q1 2026 delivery results, most notably that deliveries were particularly impacted over a month earlier in February 2026, when Lucid paused to reverse an unauthorized supplier change and inspect vehicles already produced. On this news, the price of Lucid shares declined by $0.63 per share, or approximately 6%, from $9.96 per share on April 2, 2026 to close at $9.33 on April 6, 2026.<\/p>\n

\nOn April 6, 2026, 24\/7 Wall St.<\/i> published an article entitled \u201cLucid Faces Biggest Disaster Ever\u201d, which described the number of vehicles that Lucid delivered in Q1 2026 as \u201cremarkably small\u201d, stating that Lucid \u201ccannot sell fewer than 4,000 vehicles and even pretend this is sustainable.\u201d On this news, the price of Lucid shares declined by $0.50 per share, or approximately 5%, from $9.33 per share on April 6, 2026 to close at $8.83 on April 7, 2026.<\/p>\n

\nOn April 14, 2026, Lucid filed a current report on Form 8-K with the SEC, reporting, inter alia<\/i>, its preliminary Q1 2026 financial results, including revenue in the range of $280 million to $284 million\u2014well below the consensus estimate of $433.8 million\u2014and losses from operations in the range of $985 million to $1.005 billion. The same day, Lucid issued a press release revealing its plans for a $1.05 billion capital raise, including a $300 million public stock offering. On this news, the price of Lucid shares declined by $0.44 per share, or approximately 5%, from $9.24 per share on April 13, 2026 to close at $8.80 on April 14, 2026.<\/p>\n

\n[CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION<\/a>]<\/p>\n

What Should I Do?<\/b><\/p>\n

\nIf you purchased or otherwise acquired Lucid securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro<\/a> of Kirby McInerney LLP<\/a> by email at investigations@kmllp.com<\/a>, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.<\/p>\n

\n[WHAT IS A SECURITIES CLASS ACTION?<\/a>]<\/p>\n

Kirby McInerney LLP<\/a> is a New York-based plaintiffs\u2019 law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm\u2019s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP\u2019s website<\/a>.<\/p>\n

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260611957002\/en\/<\/a><\/span><\/p>\n

\nKirby McInerney LLP
\n
Lauren Molinaro, Esq.
\n
212-699-1171
\n
https:\/\/www.kmllp.com
\n<\/a>
https:\/\/securitiesleadplaintiff.com\/
\n<\/a>
investigations@kmllp.com<\/a><\/p>\n

KEYWORDS:<\/b> New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Class Action Lawsuit Professional Services Legal<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

LCID INVESTOR REMINDER: Lucid Group, Inc. Investors Have Until July 28, 2026To Seek Lead Plaintiff Role NEW YORK–(BUSINESS WIRE)– If you have suffered a loss on your Lucid Group, Inc. (\u201cLucid\u201d or the \u201cCompany\u201d) (NASDAQ:LCID) investment, contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost. Investors have until July 28, 2026 to ask the Court to appoint them as lead plaintiff. Courts do not consider applications filed after this deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual … <\/p>\n

Continue reading “LCID INVESTOR REMINDER: Lucid Group, Inc. Investors Have Until July 28, 2026To Seek Lead Plaintiff Role”<\/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-971546","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLCID INVESTOR REMINDER: Lucid Group, Inc. 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(\u201cLucid\u201d or the \u201cCompany\u201d) (NASDAQ:LCID) investment, contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost. Investors have until July 28, 2026 to ask the Court to appoint them as lead plaintiff. Courts do not consider applications filed after this deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual … Continue reading "LCID INVESTOR REMINDER: Lucid Group, Inc. 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