Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Mullen Automotive, Inc. due to a class action complaint alleging breaches of fiduciary duties by the board of directors during the specified class period [1] Summary by Relevant Sections Allegations - The complaint alleges that Mullen made false and misleading statements regarding its intentions and capabilities, including: - Lack of intent to implement a reverse stock split despite CEO David Michery believing it was necessary [2] - Overstating deals with business partners such as Rapid Response Defense Systems and Mullen Advanced Energy Operations [2] - Misrepresentation of battery technology capabilities and partnerships [2] - Misleading information about reverse splits and failure to disclose material information about financing agreements [2] - Knowledge of Lawrence Hardge's previous convictions not disclosed to investors [2] - The lawsuit claims that these misrepresentations led to investor damages when the true information became public [2] Legal Representation - Bragar Eagel & Squire, P.C. offers assistance to long-term stockholders of Mullen who may have information or questions regarding the claims [3] Firm Background - Bragar Eagel & Squire, P.C. is a recognized law firm specializing in representing investors in various complex litigations across state and federal courts [4]
MULLEN ALERT: Bragar Eagel & Squire, P.C. is Investigating Mullen Automotive, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm