Mullen Automotive, Inc. f/k/a Net Element, Inc. Investors Urged to Act Prior to April 14 Deadline in Securities Lawsuit

Saturday 5th of April 2025 15:45:00

Rosen Law Firm Encourages Mullen Automotive Inc. (Mullen) Investors to Secure Counsel Before Important Deadline in Securities Class Action Lawsuit

New York, New York – Rosen Law Firm, a leading investor rights law firm, reminds purchasers of Mullen Automotive Inc. (Mullen) (NASDAQ: MULN) securities between November 9, 2020 and April 11, 2022, of the important April 25, 2022 lead plaintiff deadline in the securities class action lawsuit filed by the firm.

The lawsuit alleges that throughout the class period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Mullen had not yet developed a commercially viable product; (2) the company's claims about its battery technology and electric vehicle ("EV") capabilities were overstated or untrue; and (3) Mullen had inadequate internal controls and/or failed to properly disclose material information.

According to the lawsuit, as a result of the defendants' alleged misrepresentations and omissions, Mullen's stock price was artificially inflated, causing investors to suffer significant losses.

If you purchased Mullen securities during the class period and would like to join the action, please contact a Rosen Law Firm representative at [] or [] to learn more about your rights and options.

A case is not certified for any investor until the Court grants final approval. Any member of the proposed class may move the Court at any time to approve this proposed settlement. Without Class Certification, investors do not have a means to be compensated in this case. If you share the sentiments expressed above, please contact us at [] or [] to learn more about your rights and options.