Lordstown Motors Corp. (NASDAQ: RIDE)

This investigation is for anyone who acquired securities in Lordstown Motors Corp. (NASDAQ: RIDE) from May 11, 2022 through June 26, 2023. 

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to timely alert investors that Company would file for bankruptcy. 

On June 27, 2023, the Company filed for a restructuring through a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

 The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Lordstown Motors Corp. (NASDAQ: RIDE) from May 11, 2022 through June 26, 2023 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.