---
title: "12:00 ETLucid Group, Inc. (LCID) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293497714.md"
description: "The Law Offices of Frank R. Cruz announce that investors who suffered losses in Lucid Group, Inc. (NASDAQ: LCID) have the opportunity to lead a securities fraud class action lawsuit. The complaint alleges that between February 25 and April 13, 2026, defendants failed to disclose supplier quality issues disrupting Lucid Gravity deliveries and their negative impact on business results. Investors with losses must act before the July 28, 2026 deadline."
datetime: "2026-07-22T16:06:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293497714.md)
  - [en](https://longbridge.com/en/news/293497714.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293497714.md)
---

# 12:00 ETLucid Group, Inc. (LCID) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

, /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Lucid Group, Inc. ("Lucid" or the "Company") (NASDAQ: LCID) have opportunity to lead the securities fraud class action lawsuit.

**IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN LUCID GROUP, INC. (LCID), CLICK** **HERE** **BEFORE JULY 28, 2026 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.**

**What Is The Lawsuit About?**  
The complaint filed alleges that, between February 25, 2026 and April 13, 2026, Defendants failed to disclose to investors 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's business and financial results; (3) accordingly, the Defendants had overstated the purported enhancements to Lucid's manufacturing and delivery capabilities and overall operations; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

**Contact Us To Participate or Learn More:  
**If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.  
The Law Offices of Frank R. Cruz,  
Email us at: \[email protected\]  
Call us at: 310-914-5007  
Visit our website at: www.frankcruzlaw.com  
Follow us for updates on Twitter: twitter.com/FRC\_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

SOURCE The Law Offices of Frank R. Cruz, Los Angeles

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