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Rico v. Lordstown Motors Corp. et al

  1. June 10, 2025

    Electric Truck Co. Lordstown Wants Investors' Suit Tossed

    Electric truck startup Lordstown Motors Corp. has asked an Ohio federal judge to dismiss consolidated class claims from investors alleging the company misrepresented its production capacity and demand, saying it made no misleading representations about pre-orders.

  2. January 26, 2023

    Lordstown Says Chancery Opinion Puts 115M Shares In Doubt

    Electric carmaker Lordstown Motors Corp. petitioned Delaware's Court of Chancery on Thursday to retroactively confirm a stockholder-approved share increase after a recent Chancery Court decision caused the board to question whether the company had overissued as many as 115,120,243 shares.

  3. June 18, 2021

    Labaton Sucharow To Rep Lordstown Investors In Fraud Suit

    Labaton Sucharow will represent Lordstown Motors Corp. investors in a consolidated putative class action accusing the electric truck startup of misrepresenting its production capacity and demand, an Ohio federal judge said in an order Thursday, the same day Lordstown told regulators it lacked any binding orders.