Faruqi & Faruqi Investigates Mullen Automotive Over Potential Securities Law Violations with Deadline to File Lead Plaintiff Claims of April 14, 2025

Faruqi & Faruqi Reminds Mullen Automotive Investors of the Pending Class Action Lawsuit with a Lead Plaintiff

New York, NY - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Mullen Automotive, Inc. ("Mullen" or the "Company") of the pending class action lawsuit filed on behalf of all persons who purchased or acquired the Company's securities between April 14, 2021 and April 26, 2022.

The lawsuit, which is currently pending in the United States District Court for the Central District of California, alleges that Mullen and certain of its officers and directors made false and misleading statements to the market, including that the Company was on track to meet its production and delivery targets for its electric pickup truck, the Bollinger B1.

The complaint alleges that, in reality, the Company was facing significant production and delivery challenges, which were exacerbated by a shortage of critical components and a lack of adequate quality control measures. As a result, the Company's stock price declined significantly, causing investors to suffer substantial losses.

Investors who purchased or acquired Mullen securities during the class period and suffered losses are encouraged to contact Faruqi & Faruqi, LLP to discuss their legal rights and options. You can reach us at www.faruqilaw.com or 1-877-247-4292. You can also e-mail us at investor@faruqilaw.com.

Mullen Automotive is a leading manufacturer of electric vehicles and has a market capitalization of over $2 billion. The Company's Bollinger B1 electric pickup truck is one of the most highly anticipated new vehicle launches in recent years.

Faruqi & Faruqi, LLP is a leading national securities law firm with decades of experience fighting for investors' rights. The firm has been at the forefront in seeking justice for investors who have suffered losses due to corporate wrongdoing. Faruqi & Faruqi, LLP is dedicated to providing exceptional service to its clients, and its track record of success speaks for itself. The firm's reputation for integrity, dedication, and perseverance has earned it the respect and admiration of its clients and peers alike.