Klein Law Firm Announces Lead Plaintiff Deadline of August 30, 2021 in Class Action Filed on Behalf of Shareholders of Churchill Capital Corp IV Limited

New York, New York – (Newsfile Corp. – July 14, 2021) – Klein law firm announces that a class action lawsuit has been filed on behalf of shareholders of Churchill Capital Corp IV (NYSE: CCIV) alleging that the Company violated federal securities laws.

Class period: January 11, 2021 and February 22, 2021
Lead applicant’s deadline: August 30, 2021
No obligation or cost to you.

Find out more about your recoverable losses in CCIV:

Churchill Capital Corp IV NEWS – CCIV NEWS

CLASS ACTION CASE DETAILS: The complaint filed alleges that Churchill Capital Corp IV 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 substantially misleading and / or lacked reasonable basis. When the real details entered the market, the lawsuit claims that investors have suffered damage.

WHAT THIS MEANS FOR YOU AS A SHAREHOLDER: If you suffered a loss in Churchill Capital, you have up to August 30, 2021 apply to the court for principal applicant status. Your ability to participate in any recovery does not require you to serve as the principal applicant.

NO COT FOR YOU: If you purchased securities of Churchill Capital during the relevant period, you may be entitled to compensation without payment of out-of-pocket expenses.

HOW TO PROTECT YOUR FINANCIAL INTERESTS: For more information on the CCIV trial, please contact J. Klein, Esq. by phone at 212-616-4899 or click on this link.

J. Klein, Esq. represents investors and participates in securities litigation involving financial fraud nationwide. Klein Law Firm is a litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced lawyers have achieved superior results for our clients with a personalized approach. Lawyer advertising. Past results do not guarantee similar results.

J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th floor
New York, New York 10118
[email protected]
Telephone: (212) 616-4899
Fax: (347) 558-9665

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/90289

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