Vincent Wong Law Firms Notify Investors of Class Action Involving Churchill Capital Corp IV
New York, New York – (Newsfile Corp. – July 1, 2021) – Law firms of Vincent Wong announce that a class action lawsuit has been filed on behalf of investors who bought Churchill Capital Corp IV (“Churchill Capital” ) (NYSE: CCIV) between January 11, 2021 and February 22, 2021.
If you have suffered a claim, contact us via the link below. There is no cost or obligation for you.
Allegations against CCIV include that the Company made materially false and / or misleading statements and / or failed to disclose that: (1) Lucid was not ready to deliver vehicles by spring 2021; (2) Lucid forecast production of 557 vehicles in 2021 instead of the 6,000 vehicles announced as the merger with Churchill approaches; and (3) as a result of the foregoing, the Defendants’ positive statements regarding the business, operations and prospects of the Company were materially misleading and / or lacked reasonable basis. When the real details entered the market, the lawsuit claims that investors have suffered damage.
If you suffered a loss in Churchill Capital, you have up to August 30, 2021 request that the Court appoint you as the principal plaintiff. Your ability to participate in any recovery does not require you to serve as the principal applicant.
Vincent Wong, Esq. is an experienced lawyer who has represented investors in securities litigation involving financial fraud and violations of shareholder rights. Lawyer advertising. Past results do not guarantee similar results.
Vincent Wong, Esq.
39 Broadway East
New York, New York 10002
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/89271