ROSEN, RECOGNIZED 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
Portfolio Pulse from
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. This involves securities purchased between February 3, 2023, and March 13, 2024.
March 12, 2025 | 2:45 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Mullen Automotive, Inc. is involved in a securities class action lawsuit, with a lead plaintiff deadline on April 14, 2025. Investors who purchased securities between February 3, 2023, and March 13, 2024, may be entitled to compensation.
The involvement in a securities class action lawsuit is likely to negatively impact Mullen Automotive's stock price in the short term due to potential legal liabilities and investor concerns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Net Element, Inc., now Mullen Automotive, is part of a securities class action lawsuit. Investors who purchased securities during the specified period may be eligible for compensation.
As the former entity of Mullen Automotive, Net Element's historical investors are involved in the lawsuit, which could affect perceptions of the company's past management and financial practices.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80