SHAREHOLDER ALERT: Robbins LLP investigates Lucid Group Inc. (LCID) – Lawyer Monthly

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SAN DIEGO– ​​(BUSINESS WIRE) –$ LCID #Churchill– Law firm in shareholder law Robbins LLP announces that it is investigating Lucid Group Inc. (NASDAQ: LCID) to determine whether certain officers and directors of Lucid have violated securities laws or have failed in their fiduciary duties to the Company and its shareholders. Lucid develops electric vehicle technologies.

Contact us if you would like more information about the alleged wrongdoing of Lucid Group Inc.

Lucid Group Inc. (LCID) Under SEC Investigation

Today, Lucid, formerly known as Atieva, Inc., announced that the Securities and Exchange Commission is investigating the company’s $ 11.75 billion PSPC merger and has issued a subpoena for documents. Lucid noted in a Form 8-K filed with the SEC that he received a subpoena on December 3, 2021, requesting “the production of certain documents relating to an SEC investigation” which “appears to relate to the consolidation of ‘undertakings between the Company (f / k / a Churchill Capital Corp. IV) and Atieva, Inc. and certain projections and statements.

The shareholders of Lucid Group, Inc. (LCID) have legal options. Any representation is on the basis of contingency fees. Shareholders pay no fees or expenses.

Contact us for more information:

Aaron Dumas

(800) 350-6003

[email protected]
Information form for shareholders

About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP are dedicated to helping shareholders recover their losses, improve corporate governance structures, and hold top executives. company responsible for their wrongdoing since 2002. To be notified of a class action lawsuit against Lucid Group, Inc. rule or to receive free alerts when company executives commit wrongdoing, subscribe to Stock watch today.

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Contacts

Aaron Dumas

Robbins LLP

5040 Shoreham Place

San Diego, California 92122

[email protected]
(800) 350-6003

www.robbinsllp.com



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