Kehoe Law Firm, P.C. is investigating whether certain executive officers and directors of Lucid Group, Inc. (“Lucid” or the “Company”) (NASDAQ: LCID) breached their fiduciary duties by failing to manage Lucid in an acceptable manner and whether Lucid and its shareholders were harmed as a result.
Key Issues of the Investigation
The breach of fiduciary duties investigation focuses on whether Lucid’s officers or directors made materially false and misleading statements or failed to disclose material information, including:
- Whether the Company’s failure to meet its target production of Lucid Air vehicles was due to global supply chain and logistics challenges or stemmed from undisclosed internal logistical, inventory, or other operational deficiencies in its warehouse and production line that prevented it from achieving previously forecasted production levels.
Lucid Investors: Learn More About the Investigation and Your Legal Options
To learn more about the investigation or discuss potential legal claims, please send us a message or contact Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected], for a free, no-obligation legal evaluation.
About Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is a multidisciplinary, plaintiff-side class action law firm specializing in securities fraud, breaches of fiduciary duties, and corporate misconduct. Collectively, the firm’s partners have served as Lead Counsel or Co-Lead Counsel in high-profile cases that have recovered more than $10 billion for both institutional and individual investors.
Our class action legal services are on a contingency-fee basis, meaning clients are not responsible for any fees or litigation expenses.
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