In re Lucid Group, Inc. Securities Litigation

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA

6 IN RE LUCID GROUP, INC. Case No. 22-cv-02094-AMO SECURITIES LITIGATION

ORDER DENYING IN PART AND

GRANTING IN PART MOTION TO

DISMISS; GRANTING REQUEST FOR

JUDICIAL NOTICE

Re: Dkt. Nos. 120, 122 11 This is a securities fraud case about electric car production. Defendants Lucid Group, Inc. and Chief Executive Officer Peter Rawlinson move to dismiss Lead Plaintiff Sjunde AP-Fonden’s amended consolidated class action complaint. Having found Defendants’ motion to dismiss appropriate for determination on the papers, the Court vacated the May 1, 2025 motion hearing. See Civil Local Rule 7-1(b). The Court assumes familiarity with the facts and procedure of the case, as well as the Court’s prior Order granting in part and denying in part Defendants’ motion to dismiss the consolidated complaint. Having carefully considered the parties’ papers, the relevant legal authority, and good cause appearing,…