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In re Lucid Group, Inc. Securities Litigation
Case Number:
3:22-cv-02094
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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March 03, 2026
EV Maker Lucid Investor Seeks Class Cert. In Production Suit
An investor in electric-vehicle maker Lucid Group Inc. is seeking certification of its proposed class in litigation alleging the company misled investors about how many cars it could make in 2022, hurting investors when it disclosed months later it was on track to make about a third of its earlier estimate.
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May 22, 2025
EV Carmaker Lucid Gets Inflated Biz Suit Trimmed, Again
A California federal judge on Thursday again trimmed a proposed investor class action that alleges electric carmaker Lucid made misleading production forecasts, finding that the latest complaint still doesn't adequately allege the defendants knew some of the challenged statements were false when they were issued.
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December 09, 2024
EV Carmaker Lucid Wants To Shed More Of Inflated Biz Suit
Electric carmaker Lucid Group has asked a California federal judge to toss most of the latest version of a proposed investor class action alleging its production forecasts were misleading, arguing that parts of the suit that remained intact after a recent dismissal order involved statements taken out of context.
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November 15, 2024
EV Carmaker Lucid Sued In Del. For Inflated Biz Claims
A stockholder who bought electric-car maker Lucid Group shares sued in Delaware's Chancery Court on Friday to recover derivative damages for the company tied to claims that the business raised billions on knowingly inflated production outlooks only to later drastically downsize its forecast.
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August 09, 2024
Lucid Narrows Securities Suit Over EV Production Targets
A California federal judge has trimmed a suit alleging electric-vehicle startup Lucid Group Inc. misled investors about its production target, trimming the case down to four out of 30 statements the investors said were misleading.
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September 08, 2023
EV-Maker Lucid Pans Securities Suit Over Production Targets
Electric sports-car maker Lucid Group urged a California federal judge Friday to dismiss a proposed securities class action claiming it lied to investors about its ability to mass-produce vehicles and meet production targets, saying the suit doesn't show company statements were false or misleading when made.