#United States #New York #Securities Fraud #Rosen Law Firm #Mullen Automotive

Mullen Automotive Investors Targeted in Securities Fraud Lawsuit

The Rosen Law Firm, renowned for its advocacy of investor rights, has launched a class action lawsuit aimed at protecting buyers of Mullen Automotive, Inc. (NASDAQ: MULN) securities during a specified period from February 3, 2023, to March 13, 2024. Investors who believe they may have been misled by the company’s actions are being given the opportunity to join as lead plaintiffs. The deadline to apply for this role is April 14, 2025, which is fast approaching.

Details of the Class Action

This class action lawsuit alleges that Mullen Automotive and its executives issued false and misleading statements that significantly misrepresented the company's true financial condition and intentions. Specific claims involve the alleged overstatement of business deals with partners, misrepresentations regarding battery technology capabilities, and undisclosed facts about key personnel's backgrounds.

In particular, the lawsuit notes that:
1. Mullen executives reportedly had intentions of executing a reverse stock split, despite public claims to the contrary.
2. The company allegedly overstated its collaborative arrangements with entities such as Rapid Response Defense Systems and Mullen Advanced Energy Operations, LLC.
3. Misleading information was provided regarding the capabilities and partnerships of Mullen’s battery technologies.
4. There was a failure to disclose important information about financial obligations and past convictions of key personnel.

As per the details outlined in the legal notice, it is crucial for potential plaintiffs to understand the implications of joining this lawsuit. The firm emphasizes that investors do not need to, and should not, pay any out-of-pocket costs through a contingency fee agreement.

Next Steps for Interested Investors

Investors who purchased Mullen securities during the specified class period and feel they were harmed should act now to secure their place in this lawsuit. To join, potential plaintiffs can visit the Rosen Law Firm's website or contact them directly for assistance. The easy-to-follow instructions make the process simple.

How to Join the Class Action

• - Visit the Rosen Law Firm website: Join Mullen Class Action
• - Call Phillip Kim, Esq. at 866-767-3653 for general inquiries or assistance.
• - Alternatively, investors can email the firm at [email protected].

You do not have to take immediate action if you prefer to wait; however, be mindful that until a class is certified, you are not represented by counsel unless you select one. You have the choice to choose your legal representation as you see fit.

Why Choose Rosen Law Firm?

The Rosen Law Firm has firmly established itself as a successful entity in the realm of securities class actions, recovering hundreds of millions for investors over the years. It prides itself on having experienced counsels with a strong history of leading significant cases in this field.

The firm was ranked among the top firms for the number of securities class action settlements in recent years and has safeguarded investors from fraudulent practices effectively. By choosing qualified legal counsel, plaintiffs may bolster their chances of achieving favorable outcomes in their cases against larger corporations like Mullen Automotive.

Conclusion

As an investor in Mullen Automotive, it is vital to stay informed about your rights and the ongoing legal challenges surrounding the company's operations. By participating in this class action lawsuit, there is an opportunity not only to seek compensation but to hold the company accountable for its misleading practices. Time is of the essence—take action before the April 14, 2025 deadline! Follow Rosen Law Firm through their social media channels for updates on this case or ongoing actions across the investment landscape.