Faruqi & Faruqi Appointed Sole Lead Counsel to Represent Lordstown Motors, Inc. Shareholders in Securities Class Action

James M. Wilson, Jr. James M. Wilson, Jr. James M. Wilson, Jr.

Tel: (212) 983-9330
Fax: (212) 983-9331
E-mail: jwilson@faruqilaw.com

On November 16, 2023, United States District Judge Benita Y. Pearson of the Northern District of Ohio appointed Faruqi & Faruqi, LLP, as sole lead counsel in Lim v. Hightower, et al., 23-cv-1454-BYP. The suit centers on false and misleading statements made about Lordstown Motor Inc.’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 (the “JV Agreement”)] and quickly soured.”  

For further inquiries regarding this matter, please contact James M. Wilson, Jr. at jwilson@faruqilaw.com or (212) 983-9330. 

A copy of the Court’s order is linked below.

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