Mullen Automotive Plunges 10.83% Amid Lawsuit

On March 26, 2025, Mullen Automotive's stock experienced a significant drop of 10.83% in pre-market trading, indicating a notable shift in investor sentiment towards the company.

Pomerantz Law Firm has filed a class action lawsuit against Mullen Automotive, Inc. The lawsuit alleges that the company made false and misleading statements, leading to investor losses. This legal action could potentially impact the company's reputation and financial stability, contributing to the recent decline in stock price.

Investors are advised to stay informed about the ongoing legal proceedings and the potential implications for Mullen Automotive's future performance. The outcome of the lawsuit could have significant ramifications for the company's stock price and overall market position.