Investigation of Lucid Group, Inc.

Lucid Group Inc. (LCID) is the Subject of an SEC Investigation  

Today, Lucid, formerly known as Atievas, Inc., announced that the Securities and Exchange Commission is investigating the Company’s $11.75 billion SPAC merger and has issued a subpoena for documents.  Lucid noted in a Form 8-K filed with the SEC that it received a subpoena on December 3, 2021, requesting “the production of certain documents related to an investigation by the SEC” that “appears to concern the business combination between the Company (f/k/a Churhill Capital Corp. IV) and Atieva, Inc. and certain projections and statements.” 

Lucid Group, Inc. (LCID) shareholders have legal options.  All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

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