ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Mullen Automotive, Inc. f/k/a Net Element, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - MULN, NETE
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Rosen Law Firm is urging investors of Mullen Automotive, Inc. (formerly Net Element, Inc.) to secure legal counsel before the April 14, 2025 deadline in a securities class action. The class period is from February 3, 2023, to March 13, 2024.
February 28, 2025 | 7:00 pm
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Mullen Automotive, Inc. is involved in a securities class action lawsuit, with a lead plaintiff deadline on April 14, 2025. Investors who purchased shares between February 3, 2023, and March 13, 2024, may be entitled to compensation.
The involvement in a securities class action lawsuit typically has a negative impact on a company's stock price due to potential legal liabilities and reputational damage. The deadline for lead plaintiff applications suggests ongoing legal proceedings, which can create uncertainty for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Net Element, Inc., now known as Mullen Automotive, is part of a securities class action lawsuit. Investors who bought shares during the specified class period may be eligible for compensation.
As the former entity of Mullen Automotive, Net Element's involvement in the class action lawsuit can negatively affect investor sentiment and stock price due to potential legal repercussions and uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100