RIDEQ SHAREHOLDER ALERT: Jakubowitz Law Reminds Lordstown Shareholders of a Lead Plaintiff Deadline of September 25, 2023

NEW YORK, Aug. 11, 2023 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Lordstown Motors Corp. (OTC Other: RIDEQ).

To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/lordstown-class-action-loss-submission-form/?id=43316&from=4

The lawsuit seeks to recover losses for shareholders who purchased Lordstown between August 4, 2022 and June 26, 2023.

Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until September 25, 2023 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

According to the complaint, defendants repeatedly made and/or caused Lordstown to make false and/or misleading statements about Lordstown's relationship with Hon Hai Technology Group ("Foxconn") suggesting, or in some instances, representing that Foxconn was working cooperatively with Lordstown when in fact, the partnership had stalled soon after the execution of a joint venture agreement and quickly soured.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887

SOURCE Jakubowitz Law