In a Landmark Decision, Mullen Defeats Defendants’ Motion to Dismiss in Its Entirety, Allowing the Federal Spoofing Lawsuit to Combat Artificially Deflated Stock Prices to Proceed

In a significant victory for Mullen and other emerging companies who have alleged losses due to stock manipulation, a federal judge denied IMC, Clear Street, and UBS's motion to dismiss the lawsuit, finding Mullen's claims were adequately pled. The litigation will now move forward into full discovery In the Federal Court's decision, received after the close of trading on March 28, 2025, Mullen won on all contested issues BREA, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NAS ...