Nu Ride Inc. Retains Susman Godfrey LLP as Litigation Counsel in Foxconn Matter

Rhea-AI Summary

Nu Ride Inc. (OTCMKTS: NRDE), formerly known as Lordstown Motors Corp., has retained Susman Godfrey LLP as its litigation counsel in ongoing legal proceedings against Foxconn. The engagement will be led by Justin A. Nelson, a partner at the law firm. This announcement underscores Nu Ride's commitment to pursuing its legal rights vigorously. For more information, interested parties can visit Nu Ride's website or the SEC's EDGAR database. Inquiries may be directed to 'inquiries@nurideinc.com'.

Positive

• Nu Ride has retained a prestigious law firm, Susman Godfrey LLP, which may strengthen its position in the litigation against Foxconn.

Negative

• The ongoing litigation with Foxconn indicates potential legal and financial risks for Nu Ride.

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NEW YORK, June 20, 2024 /PRNewswire/ -- Nu Ride Inc. ("Nu Ride" or the "Company") (OTCMKTS: NRDE), formerly known as Lordstown Motors Corp., announced today that it has retained the law firm of Susman Godfrey LLP to represent it in its continuing litigation against Foxconn. Justin A. Nelson is the lead partner on the engagement. 

Additional information about the Company is available on the company's website (www.nurideinc.com) and in the Company's filings with the U.S. Securities and Exchange Commission, available at www.sec.gov/edgar.

Please send inquiries to 'inquiries@nurideinc.com'.

 

View original content:https://www.prnewswire.com/news-releases/nu-ride-inc-retains-susman-godfrey-llp-as-litigation-counsel-in-foxconn-matter-302177719.html

SOURCE Nu Ride Inc.

FAQ

What recent legal step has Nu Ride Inc. taken?

Nu Ride Inc. has retained Susman Godfrey LLP as its litigation counsel in its ongoing litigation against Foxconn.

Who is leading the litigation counsel for Nu Ride Inc. in the Foxconn matter?

Justin A. Nelson, a partner at Susman Godfrey LLP, is leading the litigation counsel for Nu Ride Inc. in the Foxconn matter.

What is the stock symbol for Nu Ride Inc.?

The stock symbol for Nu Ride Inc. is NRDE.

Where can I find more information about Nu Ride Inc.?

More information about Nu Ride Inc. can be found on its website or the SEC's EDGAR database.

What was Nu Ride Inc. formerly known as?

Nu Ride Inc. was formerly known as Lordstown Motors Corp.