San Diego, CA -- (SBWIRE) -- 09/21/2023 -- The Shareholders Foundation announced that a deadline is coming up on September 25, 2023 in the lawsuit filed for certain investors of Lordstown Motors Corp. (OTC: RIDEQ).

Investors who purchased shares of Lordstown Motors Corp. (OTC: RIDEQ) have certain options and there are strict and short deadlines running. Deadline: September 25, 2023. Lordstown Motors Corp. (OTC: RIDEQ) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Lordstown Motors Corp. (OTC: RIDEQ) common shares between August 4, 2022 and June 26, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 4, 2022 and June 26, 2023, the defendants repeatedly made and/or caused Lordstown to make false and/or misleading statements about Lordstown's relationship with 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.

Those who purchased shares of Lordstown Motors Corp. (OTC: RIDEQ) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.