Mullen Automotive, Inc.

Schaub v. Mullen Automotive, Inc. et al., (Case No. 2:22-cv-03026), C.D. Cal.

The complaint alleges that the company made false and/or misleading statements and/or failed to disclose that: (i) Mullen overstated its ability and timeline regarding production; (ii) Mullen overstated its deals with business partners, including Qiantu Motors; (iii) Mullen overstated its battery technology and capabilities; (iv) Mullen overstated its ability to sell its branded products; (v) Net Element’s due diligence into Mullen Technologies was inadequate; (vi) Delays of the Dragonfly K50 were not solely due to the COVID-19 pandemic; and (vii) as a result, Mullen Automotive’s public statements were materially false and/or misleading at all relevant times causing investors to suffer damages.

Lead Plaintiff deadline
July 5, 2022
class period
June 15, 2020
April 6, 2022
Case Documents
No documents available. Contact us if you need a case document.