Glovent, Lucid and other U.S. companies4class actions filed and lead plaintiff deadlines
2026In 6 of 1, class actions were filed against Glovent, ChampionX, FS KKR Capital and Lucid. Each lawsuit alleges omissions and false statements in disclosures, and each has a different deadline for moving to be appointed lead plaintiff.
2026In 6 of 1, several law firms announced class actions against U.S.-listed companies, including Glovent, ChampionX, FS KKR Capital and Lucid. Each lawsuit alleges that the companies’ disclosures and statements by executives did not provide investors with sufficient information material to their investment decisions. The law firms are encouraging investors who suffered losses to seek appointment as lead plaintiffs.
The lawsuit against Glovent (GLOB) alleges that the company made materially false statements about its business from 2024 through 2 to 2025 through 8. The complaint states that the company did not disclose falling demand in Latin America, a wage freeze and the cancellation of customer projects. Investors were advised to submit motions for appointment as lead plaintiff before 2026 of 6 of 23.
The lawsuit against ChampionX (CHX) covers the period from 2024 of 2 through 29 to 2024 of 4 of 1. It alleges that the company’s executives failed to disclose material information related to Schlumberger’s acquisition offer. The deadline to move for appointment as lead plaintiff in the case is 2026 of 7 of 14.
The lawsuit against FS KKR Capital (FSK) concerns the period from 2024year 5month 8through 2026year 2month 25. The complaint alleges that the company overstated the effects of portfolio restructuring, overstated investment valuations, and failed to disclose its unsustainable distribution strategy. The deadline to apply for lead plaintiff status is 2026year 7month 3.
The lawsuit related to Lucid (LCID) concerns investors who purchased shares from 2026year 2month 25through 2026year 4month 13. The lawsuit alleges that supplier quality issues disrupted deliveries of the Lucid Gravity, affecting the company’s financial results. Investors who suffered losses are advised to contact a law firm.
Sources: GlobeNewswire Inc.
Bullstory synthesized this report from the linked sources. AI may have assisted the writing process. Check the original reports for factual confirmation.