In re Lucid Group, Inc. Securities Litigation

Good Law
United States District Court, Northern District of CaliforniaSeptember 30, 20223:22-cv-02094California921 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 VICTOR W. MANGINO, Case No. 22-cv-02094-JD

Plaintiff,

ORDER RE CONSOLIDATION, LEAD

v. PLAINTIFF AND LEAD COUNSEL

LUCID GROUP, INC., et al., Defendants. 11 ANANT GOEL, Case No. 22-cv-03176-JD

Plaintiff,

v.

LUCID GROUP, INC., et al., Defendants.

I. CONSOLIDATION These two cases -- Mangino v. Lucid Group, Inc., Case No. 22-cv-02094-JD, and Goel v. Lucid Group, Inc., Case No. 22-cv-03176-JD -- are shareholder class actions alleging securities fraud by Lucid Group, Inc. and its officers based on substantially similar factual allegations. The cases involve common questions of law and fact. They are related under Civil Local Rule 3-12, and are now consolidated for all purposes including trial under Federal Rule of Civil Procedure 42(a), as requested. See Dkt. No. 31.1 The cases are consolidated into the lower-numbered case, No. 22-cv-02094-JD. Going forward, the case will be re-captioned In…

Sign in to read the full opinion

Create a free account to read the complete opinion text, citation history, and good-law status for this case.