<p>New York, New York--(Newsfile Corp. - July 9, 2026) - <a href="https://www.kaplanfox.com/?utm_sou...

<p>New York, New York--(Newsfile Corp. - July 9, 2026) - <a href="https://www.kaplanfox.com/?utm_source=NewsFile&#38;utm_medium=Press+Release&#38;utm_campaign=LCID+NF&#38;utm_id=Lucid+Group">Kaplan Fox &#38; Kilsheimer LLP</a> announces that a class action lawsuit has been filed against Lucid Group, Inc. ("Lucid" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/LCID">LCID</a>) on behalf of investors that purchased or otherwise acquired Lucid Group securities between February 25, 2026 and April 13, 2026 (the "Class Period").</p><p style="text-align: center;"><a href="https://www.kaplanfox.com/case/lucid-group-inc-class-action-alert-learn-more-now/?utm_source=NewsFile&#38;utm_medium=Press+Release&#38;utm_campaign=LCID+NF&#38;utm_id=Lucid+Group">CLICK HERE TO JOIN THE CASE</a></p><p><b>If you are an investor in Lucid and have suffered losses, you may </b><a href="https://www.kaplanfox.com/case/lucid-group-inc-class-action-alert-learn-more-now/?utm_source=NewsFile&#38;utm_medium=Press+Release&#38;utm_campaign=LCID+NF&#38;utm_id=Lucid+Group"><b>CLICK HERE</b></a><b> to contact us. You may also contact Kaplan Fox by emailing </b><a href="mailto:pmayer@kaplanfox.com"><b>pmayer@kaplanfox.com</b></a><b> or by calling (646) 315-9003.</b></p><p><b>DEADLINE REMINDER: </b>If you are a member of the proposed Class, you may move the court <u><b>no later than July 28, 2026</b></u> to serve as a lead plaintiff for the purported class.  If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.</p><p>On Friday April 3, 2026, at the close of the market, Lucid issued in a press release stating that the Company "produced 5,500 vehicles" during the first quarter of 2026, while only "deliver[ing] 3,093 vehicles."  The press release further stated that "[d]uring the quarter, deliveries of the Lucid Gravity were disrupted for 29 days due to a supplier quality issue with the second-row seats" and, "[a]s result of this, the [C]ompany's ability to meet customer demand was impacted."  That same day, <i>Reuters</i> published an article entitled "Lucid misses first-quarter vehicle delivery estimates on supplier disruptions."  According to the article Chief Executive Officer Marc Winterhoff, said "[d]eliveries were particularly hit in February" when the Company "paused to reverse the change and inspect vehicles already produced."</p><p>In the first two trading sessions following the news, the price of Lucid shares declined by $1.13 per share, or 11.35%, to close at $8.83 per share on April 7, 2026.</p><p>Then, on April 14, 2026, Lucid announced preliminary first quarter 2026 financial results, including revenue in the range of $280 million to $284 million, well below the consensus estimate of $433.8 million according to the complaint, and loss from operations in the range of $985 million to $1.005 billion.</p><p>Following this news, the price of Lucid stock fell $0.44 per share, or 4.76%, to close at $8.80 per share on April 14, 2026.</p><p>The complaint alleges, among other things, that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (i) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (ii) the foregoing was likely to, and did, have a material negative impact on the Company's business and financial results; (iii) accordingly, the Defendants had overstated the purported enhancements to Lucid's manufacturing and delivery capabilities and overall operations; and (iv) as a result, Defendants' public statements were materially false and misleading at all relevant times.</p><p><b>WHY CONTACT KAPLAN FOX?</b></p><p>Kaplan Fox &#38; Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.</p><p>Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in <i>In re Bank of America</i>-the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act-$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in <i>ATRS v. Allianz Global Investors</i>, and a $475 million settlement in <i>In re Merrill Lynch</i>.</p><p>For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.</p><p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.</p><p>If you have any questions about this Notice, your rights, or your interests, please contact:</p><div id="contactInfo"><p><b>CONTACT:</b></p><p>Pamela A. Mayer<br /><a href="http://www.kaplanfox.com/">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />800 Third Avenue, 38th Floor<br />New York, New York 10022<br />(646) 315-9003<br /><a href="mailto:pmayer@kaplanfox.com">pmayer@kaplanfox.com</a></p><p>Laurence D. King<br /><a href="http://www.kaplanfox.com/">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />1999 Harrison Street, Suite 1501<br />Oakland, California 94612<br />(415) 772-4704<br /><a href="mailto:lking@kaplanfox.com">lking@kaplanfox.com</a></p></div><p>Contacting or submitting information to Kaplan Fox &#38; Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.</p><p><a href="https://www.kaplanfox.com/case/lucid-group-inc-class-action-alert-learn-more-now/">https://www.kaplanfox.com/case/lucid-group-inc-class-action-alert-learn-more-now/</a></p><p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/12532/304544_4ab0960de4b358a1_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://www.newsfilecorp.com/release/304544">https://www.newsfilecorp.com/release/304544</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/304544/197" alt="" /></p>

LCID

Kaplan Fox Urges Investors of Lucid Group, Inc. (LCID) to Seek a Leadership Role Before July 28, 2026

Lucid Faces Securities Class-Action Over Q1 2026 Deliveries and Gravity Issues

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>&lt;p&gt;New York, New York--(Newsfile Corp. - July 9, 2026) - &lt;a href=&quot;https://www.kaplanfox.com/?utm_sou...</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Kaplan Fox &amp; Kilsheimer filed a securities class-action against Lucid alleging misstatements tied to Gravity deliveries and a supplier-quality issue during Feb 25–Apr 13, 2026. Lucid reported Q1 production of 5,500 but only 3,093 deliveries, with revenue guidance of $280–284 million and a substantial operating loss, well below expectations. The lawsuit adds near-term legal risk and could sustain volatility in LCID shares.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Kaplan Fox files class action against Lucid.</li><li>Period: Feb 25–Apr 13, 2026.</li><li>Alleges misstatements on Gravity deliveries and supplier issues.</li><li>Q1: 5,500 produced, 3,093 delivered; Gravity disruption 29 days.</li><li>Revenue guidance $280–284m; op loss $985–1,005m.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Lucid Group, Inc. (LCID)</strong>: Subject of the class action; potential for ongoing legal overhang and share-price volatility.</li><li><strong>Kaplan Fox &amp; Kilsheimer LLP (N/A)</strong>: Filing law firm; may drive investor attention to discovery and potential settlements.</li></ul>
  </section>

  <section data-block="category">
    <h3>Legal</h3>
    <p>Category: Legal. The piece centers on a securities class-action filing alleging misstatements and delivery-disruption issues, creating potential near-term volatility and legal/valuation uncertainty for LCID.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Legal risk from securities class-action potentially pressuring LCID sentiment.</li><li>Q1 miss and Gravity supplier issues highlight execution concerns.</li><li>Upcoming lead-plaintiff deadline (July 28, 2026) may drive volatility.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Class period: Feb 25, 2026 to Apr 13, 2026.</li><li>Q1 production 5,500; deliveries 3,093.</li><li>Gravity deliveries disrupted 29 days due to supplier issue.</li><li>Q1 revenue guidance: $280–284m; consensus around $433.8m.</li><li>Operating loss: $985–1,005m.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bearish near-term on legal risk; monitor July 28 lead plaintiff deadline and potential settlements; avoid new long until clarity.</p>
  </section>
</section>


<article>
  <header>
    <h2>Kaplan Fox Urges Lucid Group Investors (LCID) to Seek Leadership Role Before July 28, 2026</h2>
  </header>

  <section>
    <p>New York, New York—(Newsfile Corp. - July 9, 2026) Kaplan Fox &amp; Kilsheimer LLP announces that a class action lawsuit has been filed against Lucid Group, Inc. ("Lucid" or the "Company") (NASDAQ: LCID) on behalf of investors that purchased or otherwise acquired Lucid Group securities between February 25, 2026 and April 13, 2026 (the "Class Period").</p>
    <p><a href="https://www.kaplanfox.com/case/lucid-group-inc-class-action-alert-learn-more-now/?utm_source=NewsFile&amp;utm_medium=Press+Release&amp;utm_campaign=LCID+NF&amp;utm_id=Lucid+Group" >CLICK HERE TO JOIN THE CASE</a></p>
    <p><strong>If you are an investor in Lucid and have suffered losses, you may</strong> <a href="https://www.kaplanfox.com/case/lucid-group-inc-class-action-alert-learn-more-now/?utm_source=NewsFile&amp;utm_medium=Press+Release&amp;utm_campaign=LCID+NF&amp;utm_id=Lucid+Group" ><strong>CLICK HERE</strong></a> <strong>to contact us. You may also contact Kaplan Fox by emailing</strong> <a href="mailto:pmayer@kaplanfox.com"><strong>pmayer@kaplanfox.com</strong></a><strong> or by calling (646) 315-9003.</strong></p>
  </section>

  <section>
    <h3>Lead Plaintiff Deadline and How to Participate</h3>
    <p><strong>DEADLINE REMINDER:</strong> If you are a member of the proposed Class, you may move the court <u><strong>no later than July 28, 2026</strong></u> to serve as a lead plaintiff for the purported class.  If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.</p>
  </section>

  <section>
    <h3>Case Timeline: Key Developments and Market Reaction</h3>
    <p>On Friday April 3, 2026, at the close of the market, Lucid issued in a press release stating that the Company "produced 5,500 vehicles" during the first quarter of 2026, while only "deliver[ed] 3,093 vehicles."  The press release further stated that "[d]uring the quarter, deliveries of the Lucid Gravity were disrupted for 29 days due to a supplier quality issue with the second-row seats" and, "[a]s result of this, the [C]ompany's ability to meet customer demand was impacted."  That same day, Reuters published an article entitled "Lucid misses first-quarter vehicle delivery estimates on supplier disruptions."  According to the article Chief Executive Officer Marc Winterhoff, said "[d]eliveries were particularly hit in February" when the Company "paused to reverse the change and inspect vehicles already produced."</p>
    <p>In the first two trading sessions following the news, the price of Lucid shares declined by <strong>$1.13</strong> per share, or <strong>11.35%</strong>, to close at <strong>$8.83</strong> per share on <strong>April 7, 2026</strong>.</p>
  </section>

  <section>
    <h3>Preliminary 2026 Q1 Results and Market Impact</h3>
    <p>Then, on <strong>April 14, 2026</strong>, Lucid announced preliminary first quarter 2026 financial results, including revenue in the range of <strong>$280 million to $284 million</strong>, well below the consensus estimate of <strong>$433.8 million</strong> according to the complaint, and loss from operations in the range of <strong>$985 million to $1.005 billion</strong>.</p>
    <p>Following this news, the price of Lucid stock fell <strong>$0.44</strong> per share, or <strong>4.76%</strong>, to close at <strong>$8.80</strong> per share on <strong>April 14, 2026</strong>.</p>
  </section>

  <section>
    <h3>Allegations in the Complaint</h3>
    <p>The complaint alleges, among other things, that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (i) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (ii) the foregoing was likely to, and did, have a material negative impact on the Company's business and financial results; (iii) accordingly, the Defendants had overstated the purported enhancements to Lucid's manufacturing and delivery capabilities and overall operations; and (iv) as a result, Defendants' public statements were materially false and misleading at all relevant times.</p>
  </section>

  <section>
    <h3>About Kaplan Fox & Kilsheimer LLP</h3>
    <p>Kaplan Fox &#38; Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than <strong>$10 billion</strong> for clients and the classes it has represented.</p>
    <p>Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a <strong>$2.425 billion</strong> recovery on behalf of Bank of America shareholders in <i>In re Bank of America</i>—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in <i>ATRS v. Allianz Global Investors</i>, and a <strong>$475 million</strong> settlement in <i>In re Merrill Lynch</i>.</p>
    <p>For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.</p>
  </section>

  <section>
    <h3>Attorney Advertising and Rights</h3>
    <p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.</p>
  </section>

  <section>
    <h3>Contact Information</h3>
    <div id="contactInfo">
      <p><strong>CONTACT:</strong></p>
      <p>Pamela A. Mayer<br /><a href="http://www.kaplanfox.com/">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />800 Third Avenue, 38th Floor<br />New York, New York 10022<br />(646) 315-9003<br /><a href="mailto:pmayer@kaplanfox.com">pmayer@kaplanfox.com</a></p>
      <p>Laurence D. King<br /><a href="http://www.kaplanfox.com/">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />1999 Harrison Street, Suite 1501<br />Oakland, California 94612<br />(415) 772-4704<br /><a href="mailto:lking@kaplanfox.com">lking@kaplanfox.com</a></p>
    </div>
    <p>Contacting or submitting information to Kaplan Fox &#38; Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.</p>
    <p><a href="https://www.kaplanfox.com/case/lucid-group-inc-class-action-alert-learn-more-now/">https://www.kaplanfox.com/case/lucid-group-inc-class-action-alert-learn-more-now/</a></p>
  </section>

  <section>
    <p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/12532/304544_4ab0960de4b358a1_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p>
    <p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://www.newsfilecorp.com/release/304544">https://www.newsfilecorp.com/release/304544</a></p>
  </section>
</article>

Kaplan Fox & Kilsheimer filed a securities class-action against Lucid alleging misstatements tied to Gravity deliveries and a supplier-quality issue during Feb 25–Apr 13, 2026. Lucid reported Q1 production of 5,500 but only 3,093 deliveries, with revenue guidance of $280–284 million and a substantial operating loss, well below expectations. The lawsuit adds near-term legal risk and could sustain volatility in LCID shares.

Kaplan Fox Urges Investors of Lucid Group, Inc. (LCID) to Seek a Leadership Role Before July 28, 2026

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Legal

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