Client Mullen Automotive Updates on Broker-Dealer Lawsuit

10/26/2023

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Client Mullen Automotive released an update on the well-publicized lawsuit against TD Ameritrade, Charles Schwab, National Finance Services and others that intends to expose these brokers for manipulating the MULN stock price via allowing naked shorting and other illegal activities.

Warshaw Burstein is retained with Christian Attar Law Group by this client and many other companies that are investigating market manipulation of their stock price.

From the press release:

"Alan M. Pollack, a partner in the firm of Warshaw Burstein, which represents Mullen, said: 'This case raises certain unique legal issues concerning how broker-dealers manipulate the marketplace and how such manipulation impacts retail investors. Counsel will diligently work to expose defendants’ wrongdoing in order to protect the rights of Mullen and its shareholders.'”