ATLANTA, GA – – (Globe Newswire – June 1, 2026) – – A shareholder class action lawsuit has been filed against Lucid Group, Inc.  (“Lucid”) (NASDAQ: LCID). The lawsuit alleges that Defendants made false and misleading statements and/or failed to disclose material adverse facts regarding Lucid’s business, operations, and prospects, including allegations 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 Lucid’s business and financial results; and (iii) accordingly, the Defendants had overstated the purported enhancements to Lucid’s manufacturing and delivery capabilities and overall operations. 

If you purchased Lucid shares between February 25, 2026 and April 13, 2026, and experienced a loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832, or by visiting the firm’s website at www.holzerlaw.com/case/lucid/ for more information. 

The deadline to ask the court to be appointed lead plaintiff in the case is July 28, 2026.