MULN INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Mullen Automotive, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
Portfolio Pulse from
Bronstein, Gewirtz and Grossman, LLC has filed a class action lawsuit against Mullen Automotive (MULN) alleging multiple instances of misleading statements and non-disclosure during the period of February 3, 2023 to March 13, 2024. The lawsuit claims the company made false statements about reverse stock splits, business partnerships, battery technology, and failed to disclose material information about financing agreements and executive background.
March 24, 2025 | 11:15 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
The lawsuit targets Mullen's leadership for allegedly making false statements and omitting critical information, which could significantly impact investor confidence and stock performance.
The comprehensive lawsuit covering multiple alleged misrepresentations suggests serious credibility issues for Mullen Automotive, likely to negatively impact stock price in short term due to investor uncertainty and potential financial penalties.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100