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The Wall Street Publication > Blog > Tech > Lucid Is Subpoenaed by SEC
Tech

Lucid Is Subpoenaed by SEC

Editorial Board Published December 6, 2021
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Lucid Is Subpoenaed by SEC
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Lucid Group Inc. said it received a subpoena from the Securities and Exchange Commission related to the deal that took the electric-vehicle company public this summer.

The company said in a regulatory filing released Monday that the SEC is requesting certain documents and that the investigation appears to concern certain projections and statements. Lucid said it is fully cooperating with the agency.

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