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NEW YORK, May 13, 2021 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Lordstown Motors Corp. ("Lordstown" or the "Company") (formerly known as DiamondPeak Holdings Corp. ("DiamondPeak")) (NASDAQ: RIDE) (NASDAQ: RIDEW) (NASDAQ: DPHC) and certain of its officers. The class action, filed in the United States District Court for the Northern District of Ohio, Eastern Division, and docketed under 21-cv-00760, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Lordstown securities between August 3, 2020 and March 17, 2021, inclusive (the "Class Period"). This action is brought on behalf of the Class for violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act"), 15 U.S.C. §§ 78j(b) and 78t(a) and Rule 10b-5 promulgated thereunder by the SEC, 17 C.F.R. § 240.10b-5.