The Law Offices of Frank R. Cruz Announces Investigation of Lordstown Motors Corp. (RIDE) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Lordstown Motors Corp. (“Lordstown” or the “Company”) (NASDAQ: RIDE) on behalf of investors concerning the Company’s possible violations of federal securities laws.

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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, Lordstown’s stock price fell $0.475, or 17.2%, to close at $2.29 per share on June 27, 2023, thereby injuring investors.

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If you purchased Lordstown securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [e-mail], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

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