Mullen Deadline Alert
Mullen Deadline Alert
Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Mullen To Contact Him Directly To Discuss Their Options
證券訴訟合夥人詹姆斯(喬希)威爾遜鼓勵在馬倫遭受超過10萬美元損失的投資者直接與他聯繫，討論他們的選擇
New York, New York--(Newsfile Corp. - May 9, 2022) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Mullen Automotive, Inc. f/k/a Net Element, Inc. ("Mullen" or the "Company") (NASDAQ: MULN) and reminds investors of the July 5, 2022 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
紐約，紐約-(Newsfile Corp.-2022年5月9日)-美國領先的證券律師事務所Faruqi&Faruqi，LLP正在調查針對馬倫汽車公司(以下簡稱馬倫或公司)(納斯達克代碼：MUN)的潛在索賠，並提醒投資者2022年7月5日的最後期限，即在針對該公司的聯邦證券集體訴訟中尋求主原告角色的最後期限。
If you suffered losses exceeding $100,000 investing in Mullen stock or options between June 15, 2020 and April 6, 2022 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: .
如果您在2020年6月15日至2022年4月6日期間投資馬倫股票或期權的損失超過100,000美元並想討論一下您的合法權利，請致電Faruqi&Faruqi合夥人喬什·威爾遜直接在…877-247-4292 或212-983-9330(分機1310)。您也可以單擊此處瞭解更多信息：.
There is no cost or obligation to you.
對你來説沒有任何費用或義務。
Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
Faruqi&Faruqi是一家領先的少數族裔和女性所有的全國性證券律師事務所，在紐約、賓夕法尼亞州、加利福尼亞州和佐治亞州設有辦事處。
As detailed below, the lawsuit focuses on whether the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Mullen overstates its ability and timeline regarding production; (2) Mullen overstates its deals with business partners, including Qiantu; (3) Mullen overstates its battery technology and capabilities; (4) Mullen overstates its ability to sell its branded products; (5) Net Element did not conduct proper due diligence into Mullen Technologies; (6) the Dragonfly K50 was not (solely) delayed due to the COVID-19 pandemic; and (7) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
如下所述，訴訟重點是該公司及其高管是否違反了聯邦證券法，做出了虛假和/或誤導性的陳述和/或未能披露：(1)馬倫誇大了其生產能力和時間表；(2)馬倫誇大了其與包括錢圖在內的商業夥伴的交易；(3)馬倫誇大了其電池技術和能力；(4)馬倫誇大了其銷售其品牌產品的能力；(5)Net Element沒有對馬倫技術公司進行適當的盡職調查；(6)蜻蜓K50並非(僅僅)因為新冠肺炎疫情而推遲；因此，被告的公開陳述在所有相關時間都是重大虛假和/或誤導性的。
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 Nikola Corporation and Lordstown Motors Corp. Among other things, Hindenburg observed that "[d]espite only spending ~$3 million in R&D in 2021, Mullen claims its solid-state battery technology is on track for commercialization in 18 to 24 months, putting it [a]head of every major technology and automaker in the industry who have collectively invested billions on solving the problem." The Hindenburg report also alleged that the Chief Executive Officer of EV Grid, Inc. ("EV Grid"), which makes batteries and battery management systems for vehicles, refuted a press release issued by Mullen regarding test results for its battery, stating "[w]e never would have said that" and "[w]e never did say it and certainly wouldn't have said it based on the results of testing that battery." Additionally, the Hindenburg report alleged that Mullen's claims to be in a joint venture with NextMetals Ltd. ("NextMetals") to create a solid-state battery were refuted by a NextMetals senior executive who said it "'was a nonstarter' and 'didn't exist.'"
2022年4月6日，興登堡研究公司發表了一份針對馬倫的報告，題為《馬倫汽車：又一次快速説話的電動汽車競爭》，稱該公司是興登堡在尼古拉公司和Lordstown Motors Corp.等競爭對手中看到的最糟糕的電動汽車競爭之一。[d]儘管馬倫在2021年的研發支出僅為300萬美元，但馬倫聲稱其固態電池技術有望在18至24個月內實現商業化[a]興登堡的報告還聲稱，為汽車製造電池和電池管理系統的電動汽車網格公司(EV Grid，Inc.)的首席執行官駁斥了馬倫發佈的關於其電池測試結果的新聞稿，稱[w]我永遠不會説“和”[w]E從來沒有説過，當然也不會根據電池的測試結果説出這一點。“此外，興登堡的報告聲稱，馬倫聲稱與NextMetals Ltd.成立了一家合資企業，生產固態電池，但NextMetals的一名高管駁斥了這一説法，他説，這種電池”是不可能的“，”不存在“。
On this news, Mullen's stock price fell $0.27 per share, or 10%, to close at $2.38 per share on April 6, 2022, on unusually heavy trading volume, damaging investors.
這一消息傳出後，馬倫的股價在2022年4月6日下跌了0.27美元，跌幅10%，收於每股2.38美元，成交量異常巨大，損害了投資者。
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
法院指定的首席原告是在階級尋求的救濟中擁有最大經濟利益的投資者，他是代表假定階級指導和監督訴訟的階級成員的充分和典型。任何假定的階級成員可以通過他們選擇的律師移動法院作為主要原告，或者可以選擇不做任何事情而保持缺席的階級成員。你分享任何賠償的能力不會受到是否擔任主要原告的決定的影響。
Faruqi & Faruqi, LLP also encourages anyone with information regarding Mullen's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Faruqi&Faruqi，LLP還鼓勵任何瞭解馬倫行為的人與該公司聯繫，包括舉報人、前員工、股東和其他人。
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
律師廣告。負責這則廣告的律師事務所是Faruqi&Faruqi，LLP()。先前的結果不能保證或預測未來任何事情都會出現類似的結果。我們歡迎有機會討論貴公司的具體情況。所有來函將以保密方式處理。
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