MULN SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Mullen Automotive, Inc. Stockholders with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
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Bronstein, Gewirtz and Grossman, LLC has filed a class action lawsuit against Mullen Automotive (MULN) and its officers, alleging multiple instances of false and misleading statements during the period from February 3, 2023 to March 13, 2024. The lawsuit claims the company misrepresented reverse stock splits, business partnerships, battery technology capabilities, and failed to disclose material information about financing agreements and executive background.
March 21, 2025 | 11:15 am
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The lawsuit targets potential misrepresentations by Mullen's management, which could negatively impact investor confidence and stock performance.
The comprehensive lawsuit alleging multiple instances of misleading statements and potential securities fraud could significantly damage investor trust, likely leading to stock price decline.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100