MULN Investors Have the Opportunity to Lead the Mullen Automotive Securities Fraud Lawsuit with Faruqi & Faruqi, LLP

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Mullen Automotive, Inc. due to allegations of violations of federal securities laws, encouraging affected investors to come forward [3][5]. Group 1: Allegations Against Mullen Automotive - The complaint alleges that Mullen and its executives made false and misleading statements, including the lack of intent to implement a reverse stock split while believing it was necessary [5]. - Mullen is accused of overstating its business partnerships and battery technology capabilities, as well as failing to disclose material information about financing agreements [5]. - The company's stock price fell over $3.25 per share, or 96%, closing at approximately $0.015 per share on March 13, 2024, due to these misleading statements [6]. Group 2: Legal Proceedings and Investor Actions - Investors who suffered losses exceeding $75,000 between February 3, 2023, and March 13, 2024, are encouraged to contact Faruqi & Faruqi to discuss their legal rights [1]. - There is an April 14, 2025, deadline for investors to seek the role of lead plaintiff in the federal securities class action against Mullen [3][7]. - The lead plaintiff is defined as the investor with the largest financial interest who directs the litigation on behalf of the class [7].