Australia markets open in 7 hours 12 minutes
  • ALL ORDS

    7,490.10
    -178.80 (-2.33%)
     
  • AUD/USD

    0.7187
    -0.0041 (-0.56%)
     
  • ASX 200

    7,175.80
    -166.60 (-2.27%)
     
  • OIL

    84.83
    -0.72 (-0.84%)
     
  • GOLD

    1,836.10
    -6.50 (-0.35%)
     
  • BTC-AUD

    49,028.85
    -61.32 (-0.12%)
     
  • CMC Crypto 200

    870.86
    +628.18 (+258.85%)
     

LUCID ALERT: Bragar Eagel & Squire, P.C. is Investigating Lucid Group, Inc. on Behalf of Lucid Stockholders and Encourages Investors to Contact the Firm

  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • LCID

NEW YORK, December 09, 2021--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Lucid Group, Inc. ("Lucid" or the "Company") (NASDAQ: LCID) on behalf of Lucid stockholders. Our investigation concerns whether Lucid has violated the federal securities laws and/or engaged in other unlawful business practices.

Click here to participate in the action.

On December 6, 2021, Lucid disclosed in a filing with the U.S. Securities and Exchange Commission ("SEC") that "[o]n December 3, 2021, [Lucid] received a subpoena from the [SEC] requesting the production of certain documents related to an investigation by the SEC. Although there is no assurance as to the scope or outcome of this matter, the investigation appears to concern the business combination between the Company (f/k/a Churchill Capital Corp. IV) and Atieva, Inc. and certain projections and statements."

On this news, Lucid’s stock price fell sharply during intraday trading on December 6, 2021.

If you purchased or otherwise acquired Lucid shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Alexandra B. Raymond by email at investigations@bespc.com, telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211208006160/en/

Contacts

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Alexandra B. Raymond, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting