Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Lucid Group, Inc. (LCID) Investigation
NEW YORK, NY / ACCESSWIRE / December 7, 2021 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers ofLucid Group, Inc. ("Lucid" or the "Company") (NASDAQ:LCID). Investors who purchased Lucid shares are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/lcid.
The investigation concerns whether Lucid and certain of its officers and/or directors have violated federal securities laws.
On December 3, 2021, Lucid received a subpoena from the Securities and Exchange Commission (the "SEC") requesting certain documents related to an investigation by the SEC. The Company stated that "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." Following this news, Lucid stock was dropped over 17% on December 6, 2021.
If you are aware of any facts relating to this investigation or purchased Lucid shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/lcid. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | info@bgandg.com
SOURCE: Bronstein, Gewirtz & Grossman, LLC
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