MULN, NETE Investors Have Opportunity to Lead Mullen Automotive, Inc. f/k/a Net Element, Inc. Securities Fraud Lawsuit
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Rosen Law Firm is seeking lead plaintiffs for a securities fraud lawsuit against Mullen Automotive (MULN) covering the period from February 3, 2023 to March 13, 2024. The lawsuit alleges multiple instances of false and misleading statements, including overstating business partnerships, battery technology capabilities, and failing to disclose material information about financing agreements.
March 23, 2025 | 4:15 pm
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Securities fraud lawsuit targets Mullen's statements about reverse stock splits, business partnerships, battery technology, and financing agreements during specified period.
The lawsuit directly targets Mullen Automotive's public statements and could potentially lead to financial penalties, reputational damage, and investor loss of confidence, which may negatively impact the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100