{"id":14339,"date":"2026-06-02T04:00:00","date_gmt":"2026-06-02T02:00:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=324a21c243656dfdc4b0a6d5b1958302"},"modified":"2026-06-02T04:00:00","modified_gmt":"2026-06-02T02:00:00","slug":"investor-alert-securities-class-action-filed-against-lucid-group-inc-investors-encouraged-to-contact-kirby-mcinerney-llp","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=14339","title":{"rendered":"INVESTOR ALERT: Securities Class Action Filed Against Lucid Group, Inc. \u2013 Investors Encouraged to Contact Kirby McInerney LLP"},"content":{"rendered":"

NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP<\/a> announces that a class action lawsuit has been filed on behalf of investors who acquired Lucid Group, Inc. (\u201cLucid\u201d or the \u201cCompany\u201d) (NASDAQ:LCID) securities during the period of February 25, 2026 through April 13, 2026, inclusive (\u201cthe Class Period\u201d).<\/p>

If you suffered a loss on your Lucid investments, you have until July 28, 2026 to request lead plaintiff appointment. Courts do not consider lead plaintiff applications submitted after this deadline. If you choose to take no action, you may remain an absent class member. For more information about the lawsuit:<\/p>

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

What Is This Lawsuit About? <\/b>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 defendants had overstated the purported enhancements to Lucid\u2019s manufacturing and delivery capabilities and overall operations.<\/p>

On 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>

On 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>

On 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>

[LEARN MORE ABOUT THE LAWSUIT<\/a>]<\/p>

The Lead Plaintiff Appointment Process. <\/b>The federal securities laws permit any investor who acquired eligible securities during the class period to seek appointment as lead plaintiff in a <\/i>class action lawsuit. Courts typically appoint the investor(s) with the largest financial loss in the case and the ability to represent the class rather than investors with simply the largest investment portfolio. Courts regularly appoint individual investors, whether acting alone or as a group, as lead plaintiffs. The rights of any investor who bought shares during the class period are generally already protected. However, lead plaintiffs have the power to influence case strategy and have a say in settlement decisions, as well as decisions concerning allocation of settlement funds among class members.<\/p>

[LEARN MORE ABOUT THE LEAD PLAINTIFF PROCESS<\/a>]<\/p>

What Should I Do? <\/b>If 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>

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>

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p><\/a><\/a> Contacts<\/b>

Kirby McInerney LLPLauren Molinaro, Esq.212-699-1171https:\/\/www.kmllp.com<\/a>https:\/\/securitiesleadplaintiff.com\/<\/a>investigations@kmllp.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

NEW YORK–(BUSINESS WIRE)–The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Lucid Group, Inc. (\u201cLucid\u201d or the \u201cCompany\u201d) (NASDAQ:LCID) securities during the period of February …<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14339","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/14339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14339"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/14339\/revisions"}],"predecessor-version":[{"id":14340,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/14339\/revisions\/14340"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}