Not sure about video lens corrections as I use Apple FCP X 10.4 but I can correct lens distortion for stills in Lightroom and therefore it should work in ACR. In the Lightroom Develop module or ACR go to "Lens Corrections". You can correct things more or less automatically with "Profile" or use "Manual" to adjust Distortion, Defringe or Vignetting. If using "Profile" there is a "Lens Profile" already available for Yuneec CGO2gb but it doesn't seem to do much. You can also save profile corrections once you think it will work across all your files.
Hope this helps,