Lucid investors face July 28 lead-plaintiff deadline in securities class action

Rosen Law Firm issued a notice about a securities class action against Lucid Group, Inc. covering purchasers of Lucid securities from February 25, 2026 through April 13, 2026. The firm said investors who want to serve as lead plaintiff must move the court by July 28, 2026. The lawsuit alleges Lucid made false or misleading statements, or failed to disclose, that a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity, that the disruption was likely to have and did have a material negative impact on the company’s business and financial results, and that Lucid therefore overstated improvements to its manufacturing, delivery capabilities, and overall operations. Rosen said investors may be entitled to compensation through a contingency fee arrangement if the claims succeed. The proposed class has not been certified. Investors may retain counsel of their choice, seek appointment as lead plaintiff, or remain absent class members at this stage.