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(Nasdaq: LCID) have until July 28, 2026 to participate in a pending securities class action, law firm Levi & Korsinsky, LLP said Tuesday.
The suit centers on allegations that Lucid concealed a 29-day delivery halt while providing shareholders weeks of optimistic guidance, a gap the firm says caused investor sentiment to collapse once Lucid disclosed the halt.
The allegation Levi & Korsinsky described the matter as a confidence-to-crisis sequence.
According to the firm, Lucid Group issued upbeat guidance to investors during a period when a delivery halt, 29 days in duration, was already in progress but had not been publicly disclosed.
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