Pomerantz Law Firm Investigates Lucid Group, Inc. for Potential Securities Fraud
Pomerantz LLP is investigating Lucid Group, Inc. (NASDAQ: LCID) for potential securities fraud following its first-quarter revenue pre-announcement that fell significantly below expectations. The company also announced a $1.05 billion capital raise, which led to a 6.7% drop in its stock price.
Tickers: $LCID
Topics: capital raise class action Lucid Group securities fraud stock price drop