Core Viewpoint - Rosen Law Firm is reminding investors who purchased Mullen Automotive, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on April 14, 2025 [1] Group 1: Class Action Details - Investors who purchased Mullen securities between February 3, 2023, and March 13, 2024, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by April 14, 2025 [3] - Investors are encouraged to select qualified legal counsel with a successful track record in securities class actions [4] Group 2: Allegations Against Mullen - The lawsuit alleges that Mullen made false and misleading statements, including the lack of intent to implement a reverse stock split while believing it was necessary [5] - Mullen is accused of overstating its business partnerships and battery technology capabilities, as well as failing to disclose material information about financing agreements [5] - The lawsuit claims that when the true details were revealed, investors suffered damages due to the misleading public statements [5]
ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Mullen Automotive, Inc. f/k/a Net Element, Inc. Investors to Secure Counsel Before Important April 14 Deadline in Securities Class Action – MULN, NETE