EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit Against Mullen Automotive, Inc. f/k/a Net Element, Inc. – MULN, NETE – QNT Press Release

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Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Mullen Automotive, Inc. f/k/a Net Element, Inc. (NASDAQ:MULNNETE)) between June 15, 2020 and April 6, 2022, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Mullen investors under the federal securities laws.

To join the Mullen class action, go to https://rosenlegal.com/submit-form/?case_id=5459 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose: (1) Mullen overstates its ability and timeline regarding production; (2) Mullen overstates its deals with business partners, including Qiantu Motors ; (3) Mullen overstates its battery technology and capabilities; (4) Mullen overstates its ability to sell its …

Full story available on Benzinga.com

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