MULN Investors Have Opportunity to Lead Mullen Automotive, Inc. f/k/a Net Element, Inc. Securities Fraud Lawsuit

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 can join by submitting a form or contacting the law firm [3][6]. - To serve as lead plaintiff, individuals must file a motion with the Court by April 14, 2025 [3]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been ranked No. 1 for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [4]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4]. Group 3: Case Allegations - The lawsuit alleges that Mullen made false and misleading statements regarding its business operations, including the intent to implement a reverse stock split and overstating partnerships and technology capabilities [5]. - Specific allegations include misleading investors about financing agreements and failing to disclose the CEO's knowledge of prior convictions related to financial crimes [5]. - The lawsuit claims that these misrepresentations resulted in investor damages when the true information became public [5].