Lordstown Motors Corp. Class Action Lawsuit - RIDEQ

Company
Lordstown Motors Corp. (OTC: RIDEQ)
Class Period
August 4, 2022 - June 26, 2023

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Allegations

According to the complaint, defendants repeatedly made and/or caused Lordstown to make false and/or misleading statements about Lordstown’s relationship with Hon Hai Technology Group (“Foxconn”) suggesting, or in some instances, representing that Foxconn was working cooperatively with Lordstown when in fact, the partnership had stalled soon after the execution of a joint venture agreement and quickly soured.

Eligibility

In order to be eligible to join the RIDEQ class action lawsuit, you must have incurred a loss on shares of Lordstown purchased during the class period listed above.

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