New York, New York--(Newsfile Corp. - July 22, 2026) - Kaplan Fox &amp; Kilsheimer LLP announces that a class action lawsuit has been filed against Lucid Group, Inc. (&#34;Lucid&#34; or the &#34;Company&#34;)

<p>New York, New York--(Newsfile Corp. - July 22, 2026) - <a href="https://api.newsfilecorp.com/redirect/7nAe0FPJQE">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://api.newsfilecorp.com/redirect/ejP4EHQJ5Y">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://api.newsfilecorp.com/redirect/87NAWtmGAg"><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>&#8212;the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act&#8212;$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="https://api.newsfilecorp.com/redirect/y4k3qhy1PO">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="https://api.newsfilecorp.com/redirect/1KAzmIQrOq">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://api.newsfilecorp.com/redirect/A8JBXsXyNa">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/12532/305975_b741ea8194b429fc_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://api.newsfilecorp.com/redirect/ZE34vcpmRB">https://www.newsfilecorp.com/release/305975</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/305975/197" alt="" /></p>

LCID

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

Lucid Faces Securities Class Action Over Q1 Gravity Deliveries

NEW YORK, July  22, 2026  (GLOBE NEWSWIRE) -- Kaplan Fox &amp; Kilsheimer LLP announces that a class action lawsuit has been filed against Lucid Group, Inc. (&#34;Lucid&#34; or the &#34;Company&#34;) (NASDAQ:LCID) on

Kaplan Fox Encourages Lucid Group, Inc. (NASDAQ: LCID) Investors with Significant Losses to Contact the Firm Before July 28, 2026

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>New York, New York--(Newsfile Corp. - July 22, 2026) - Kaplan Fox &amp;amp; Kilsheimer LLP announces that a class action lawsuit has been filed against Lucid Group, Inc. (&amp;#34;Lucid&amp;#34; or the &amp;#34;Company&amp;#34;)</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Lucid faces a securities class action alleging it misled investors about Gravity deliveries amid a Q1 2026 supplier disruption. The case follows weak results: 5,500 produced vs 3,093 delivered and 29 days of Gravity disruption, plus revenue well below estimates. Litigation risk could pressure LCID stock through an overhang on costs and disclosures.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>A class action alleges Lucid misled investors about Gravity deliveries. Filed for investors&#039; losses Feb 25–Apr 13, 2026.</li><li>Q1 2026: produced 5,500 vehicles, delivered 3,093. Gravity deliveries disrupted 29 days.</li><li>Preliminary Q1 revenue $280–284m; consensus $433.8m. Loss from operations $985–$1,005m.</li><li>April 7 shares fell 11.35% to $8.83. April 14 declined 4.76% to $8.80.</li><li>Lead plaintiff deadline July 28, 2026. Joining not required to recover.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Lucid Group, Inc. (LCID)</strong>: Subject of a securities class action; litigation risk could pressure stock and governance perception.</li><li><strong>Kaplan Fox &amp; Kilsheimer LLP (N/A)</strong>: Plaintiff counsel in the filing; signals potential legal costs but no direct stock impact.</li><li><strong>Reuters (N/A)</strong>: Reported on Lucid&#039;s delivery miss tied to supplier disruptions, contributing to negative sentiment.</li></ul>
  </section>

  <section data-block="category">
    <h3>Legal</h3>
    <p>Category: Legal. The piece centers on a securities lawsuit against LCID, highlighting litigation risk as a near-term driver of sentiment and potential financial impact.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Lawsuit introduces material overhang on LCID&#039;s investor narrative.</li><li>Q1 miss and supplier issues cited in press release weigh sentiment.</li><li>Legal costs and potential settlements could affect cash flow and valuation.</li><li>Lead-plaintiff deadline could heighten near-term investor focus.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Class Period: February 25, 2026 to April 13, 2026.</li><li>Q1 2026 production 5,500; deliveries 3,093.</li><li>Gravity deliveries disrupted for 29 days due to supplier seat issue.</li><li>Q1 revenue guidance: $280–$284 million; consensus $433.8 million.</li><li>Stock reaction: Apr 7 close $8.83 (-11.35%); Apr 14 close $8.80 (-4.76%).</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bearish near-term bias for LCID on litigation overhang; monitor settlement progress and material disclosures over weeks.</p>
  </section>
</section>


<p>New York, New York--(Newsfile Corp. - July 22, 2026) - <a href="https://api.newsfilecorp.com/redirect/7nAe0FPJQE">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://api.newsfilecorp.com/redirect/ejP4EHQJ5Y">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://api.newsfilecorp.com/redirect/87NAWtmGAg"><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>&#8212;the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act&#8212;$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="https://api.newsfilecorp.com/redirect/y4k3qhy1PO">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="https://api.newsfilecorp.com/redirect/1KAzmIQrOq">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://api.newsfilecorp.com/redirect/A8JBXsXyNa">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/12532/305975_b741ea8194b429fc_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://api.newsfilecorp.com/redirect/ZE34vcpmRB">https://www.newsfilecorp.com/release/305975</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/305975/197" alt="" /></p>

Lucid faces a securities class action alleging it misled investors about Gravity deliveries amid a Q1 2026 supplier disruption. The case follows weak results: 5,500 produced vs 3,093 delivered and 29 days of Gravity disruption, plus revenue well below estimates. Litigation risk could pressure LCID stock through an overhang on costs and disclosures.

News insight

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

AI summary

Sentiment rationale

Key facts

Legal