Pomerantz Appointed Co-Lead Counsel in Churchill Capital Securities Litigation

On September 16, 2021, U.S. District Judge Annemarie Carney Axon of the Northern District of Alabama (Eastern Division) appointed Pomerantz LLP as Co-Lead Counsel on behalf of the Lead Plaintiffs in Phillips v. Churchill Capital Corporation, 21-cv-539 (N.D. Ala.), a securities action brought on behalf of a class of defrauded investors concerning allegations related to statements made regarding the volume of automobiles to be produced following the merger of Churchill Capital Corporation IV and Lucid Motors, Inc. Churchill is a blank check company, also known as a special purpose acquisition…