{"id":982355,"date":"2026-07-16T11:03:41","date_gmt":"2026-07-16T15:03:41","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kaplan-fox-encourages-lucid-group-inc-nasdaq-lcid-investors-to-contact-the-firm-before-the-deadline-on-july-28-2026\/"},"modified":"2026-07-16T11:03:41","modified_gmt":"2026-07-16T15:03:41","slug":"kaplan-fox-encourages-lucid-group-inc-nasdaq-lcid-investors-to-contact-the-firm-before-the-deadline-on-july-28-2026","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kaplan-fox-encourages-lucid-group-inc-nasdaq-lcid-investors-to-contact-the-firm-before-the-deadline-on-july-28-2026\/","title":{"rendered":"Kaplan Fox Encourages Lucid Group, Inc. (NASDAQ: LCID) Investors to Contact the Firm Before the Deadline on July 28, 2026"},"content":{"rendered":"
\n

NEW YORK, July 16, 2026 (GLOBE NEWSWIRE) — Kaplan Fox & Kilsheimer LLP<\/a> announces that a class action lawsuit has been filed against Lucid Group, Inc. (\u201cLucid\u201d or the \u201cCompany\u201d) (NASDAQ: LCID) on behalf of investors that purchased or otherwise acquired Lucid Group securities between February 25, 2026 and April 13, 2026 (the \u201cClass Period\u201d).<\/p>\n

\n CLICK HERE TO JOIN THE CASE<\/a>\n <\/p>\n

\n If you are an investor in Lucid and have suffered losses, you may <\/strong>
\n
\n CLICK HERE<\/strong>
\n <\/a>
\n to contact us. You may also contact Kaplan Fox by emailing <\/strong>
\n
\n pmayer@kaplanfox.com<\/strong>
\n <\/a>
\n or by calling (646) 315-9003.<\/strong>\n <\/p>\n

\n DEADLINE REMINDER: <\/strong>If you are a member of the proposed Class, you may move the court no later than July 28, 2026<\/u><\/strong> to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.<\/p>\n

On Friday April 3, 2026, at the close of the market, Lucid issued in a press release stating that the Company \u201cproduced 5,500 vehicles\u201d during the first quarter of 2026, while only \u201cdeliver[ing] 3,093 vehicles.\u201d The press release further stated 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 result of this, the [C]ompany\u2019s ability to meet customer demand was impacted.\u201d\u00a0\u00a0 That same day, Reuters<\/em> published an article entitled \u201cLucid misses first-quarter vehicle delivery estimates on supplier disruptions.\u201d According to the article Chief Executive Officer Marc Winterhoff, said \u201c[d]eliveries were particularly hit in February\u201d when the Company \u201cpaused to reverse the change and inspect vehicles already produced.\u201d<\/p>\n

In the first two trading sessions following the news, the price of Lucid shares declined by $1.13 per share, or 11.35%, to close at $8.83 per share on April 7, 2026.<\/p>\n

Then, on April 14, 2026, Lucid announced preliminary first quarter 2026 financial results, including revenue in the range of $280 million to $284 million, well below the consensus estimate of $433.8 million according to the complaint, and loss from operations in the range of $985 million to $1.005 billion.<\/p>\n

Following this news, the price of Lucid stock fell $0.44 per share, or 4.76%, to close at $8.80 per share on April 14, 2026.<\/p>\n

The complaint alleges, among other things, that throughout the Class Period, Defendants made false and\/or misleading statements and\/or failed to disclose that: (i) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (ii) the foregoing was likely to, and did, have a material negative impact on the Company\u2019s business and financial results; (iii) accordingly, the Defendants had overstated the purported enhancements to Lucid\u2019s manufacturing and delivery capabilities and overall operations; and (iv) as a result, Defendants\u2019 public statements were materially false and misleading at all relevant times.<\/p>\n

\n WHY CONTACT KAPLAN FOX?<\/strong>\n <\/p>\n

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.<\/p>\n

Kaplan Fox is widely regarded as one of the nation’s premier plaintiffs’ securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America<\/em>\u2014the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act\u2014$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors<\/em>, and a $475 million settlement in In re Merrill Lynch<\/em>.<\/p>\n

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.<\/p>\n

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.<\/p>\n

If you have any questions about this Notice, your rights, or your interests, please contact:<\/p>\n

\n CONTACT:<\/strong>
\n
Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP<\/a>
800 Third Avenue, 38th Floor
New York, New York\u00a010022
(646) 315-9003
pmayer@kaplanfox.com<\/a><\/p>\n

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP<\/a>
1999 Harrison Street, Suite 1501
Oakland, California 94612
(415) 772-4704
lking@kaplanfox.com<\/a><\/p>\n

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.<\/p>\n

\n https:\/\/www.kaplanfox.com\/case\/lucid-group-inc-class-action-alert-learn-more-now\/<\/a>\n <\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, July 16, 2026 (GLOBE NEWSWIRE) — Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Lucid Group, Inc. (\u201cLucid\u201d or the \u201cCompany\u201d) (NASDAQ: LCID) on behalf of investors that purchased or otherwise acquired Lucid Group securities between February 25, 2026 and April 13, 2026 (the \u201cClass Period\u201d). CLICK HERE TO JOIN THE CASE If you are an investor in Lucid and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing pmayer@kaplanfox.com or by calling (646) 315-9003. DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than July 28, 2026 to serve as a lead … <\/p>\n

Continue reading “Kaplan Fox Encourages Lucid Group, Inc. (NASDAQ: LCID) Investors to Contact the Firm Before the Deadline on July 28, 2026”<\/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-982355","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nKaplan Fox Encourages Lucid Group, Inc. 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(\u201cLucid\u201d or the \u201cCompany\u201d) (NASDAQ: LCID) on behalf of investors that purchased or otherwise acquired Lucid Group securities between February 25, 2026 and April 13, 2026 (the \u201cClass Period\u201d). CLICK HERE TO JOIN THE CASE If you are an investor in Lucid and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing pmayer@kaplanfox.com or by calling (646) 315-9003. DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than July 28, 2026 to serve as a lead … Continue reading "Kaplan Fox Encourages Lucid Group, Inc. 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