Class Action Lawsuit Filed Against Mullen Automotive:
On April 2, 2025, Bronstein, Gewirtz & Grossman, LLC, a renowned law firm, announced the filing of a class action lawsuit against Mullen Automotive, Inc. (“Mullen” or “the Company”) (NASDAQ:MULN) and certain of its officers. The lawsuit alleges that Mullen and its executives violated federal securities laws, affecting all persons and entities that bought or otherwise acquired Mullen securities between February 3, 2023, and March 13, 2024.
Class Definition:
The class action lawsuit, filed in the United States District Court for the Southern District of New York, aims to recover damages for the alleged securities law violations. The Class Period refers to the timeframe between February 3, 2023, and March 13, 2024.
Details of the Lawsuit:
The complaint alleges that Mullen and its officers made misrepresentations and failed to disclose material information regarding the Company’s financial condition and business operations. Specifically, the lawsuit alleges that Mullen misrepresented its revenue growth, production capabilities, and partnerships, leading investors to purchase Mullen securities at artificially inflated prices.
Impact on Individual Investors:
If you purchased Mullen securities during the Class Period, you may be eligible to participate in the class action lawsuit as a member of the Class. The lawsuit seeks to recover damages for investors’ losses, which could potentially include compensation for any financial harm resulting from the alleged securities law violations.
Impact on the World:
The class action lawsuit against Mullen Automotive could have far-reaching implications for the electric vehicle industry and the investment community. The allegations of securities law violations could deter investors from purchasing stocks in similar companies, potentially impacting their stock prices. Additionally, the outcome of the lawsuit could set a precedent for future securities fraud cases.
Conclusion:
The filing of a class action lawsuit against Mullen Automotive and its officers for alleged securities law violations during the Class Period could result in significant damages for affected investors. The lawsuit, which seeks to recover damages for all persons and entities that bought or otherwise acquired Mullen securities during the specified timeframe, could have far-reaching implications for the electric vehicle industry and the investment community. If you purchased Mullen securities during the Class Period, it is recommended that you consult with a securities attorney to discuss your potential eligibility to participate in the class action lawsuit.
Additional Information:
- For more information about the class action lawsuit against Mullen Automotive, visit
- To speak with a securities attorney regarding your potential eligibility to participate in the class action lawsuit, contact Bronstein, Gewirtz & Grossman, LLC at (212) 697-6484 or
