NEW YORK, May 04, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Mullen Automotive, Inc. f/k/a Net Element, Inc. (NASDAQ:MULN) resulting from allegations that Mullen may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Mullen securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective 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 [email protected] or [email protected] for information on the class action.
WHAT IS THIS ABOUT: On April 6, 2022, Hindenburg Research (“Hindenburg”) published a report addressing Mullen, entitled “Mullen Automotive: Yet Another Fast Talking EV Hustle”, calling the Company among the worst electric vehicle (“EV”) hustles that Hindenburg has seen in a crowded field of contenders such as …
