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On December 28, 2023, Mullen Automotive Inc. filed a lawsuit in the United States District Court for the Southern District of New York against Gem Global Yield LLC SCS, Gem Yield Bahamas Limited, and Christopher F. Brown. The complaint alleges that the defendants engaged in an unlawful securities transaction with Mullen Automotive as an unregistered dealer, violating U.S. securities laws. The suit seeks rescission of a warrant transaction, attorneys' fees, and other relief deemed just by the court. The warrant in question was part of a financing facility agreement that included a share purchase agreement and a registration rights agreement. Mullen Automotive claims that the defendants' business model, which involves buying and selling securities without proper registration, is illegal and has been targeted by recent SEC prosecutions. The company is demanding a jury trial and is represented by The Basile Law Firm, P.C.
On December 28, 2023, Mullen Automotive Inc. filed a lawsuit in the United States District Court for the Southern District of New York against Gem Global Yield LLC SCS, Gem Yield Bahamas Limited, and Christopher F. Brown. The complaint alleges that the defendants engaged in an unlawful securities transaction with Mullen Automotive as an unregistered dealer, violating U.S. securities laws. The suit seeks rescission of a warrant transaction, attorneys' fees, and other relief deemed just by the court. The warrant in question was part of a financing facility agreement that included a share purchase agreement and a registration rights agreement. Mullen Automotive claims that the defendants' business model, which involves buying and selling securities without proper registration, is illegal and has been targeted by recent SEC prosecutions. The company is demanding a jury trial and is represented by The Basile Law Firm, P.C.
2023年12月28日，馬倫汽車公司在美國紐約南區地方法院對Gem Global Yield LLC SCS、Gem Yield Bahamas Limited和克里斯托弗·布朗提起訴訟。該申訴稱，被告以未註冊交易商的身份與Mullen Automotive進行了非法證券交易，違反了美國證券法。該訴訟要求撤銷認股權證交易、律師費和法院認爲公正的其他救濟。該認股權證是融資協議的一部分，其中包括股票購買協議和註冊權協議。Mullen Automotive聲稱，被告的商業模式，即未經適當註冊就買入和賣出證券，是非法的，是美國證券交易委員會最近起訴的目標。該公司要求進行陪審團審判，由巴西爾律師事務所代理，P.C.
2023年12月28日，馬倫汽車公司在美國紐約南區地方法院對Gem Global Yield LLC SCS、Gem Yield Bahamas Limited和克里斯托弗·布朗提起訴訟。該申訴稱，被告以未註冊交易商的身份與Mullen Automotive進行了非法證券交易，違反了美國證券法。該訴訟要求撤銷認股權證交易、律師費和法院認爲公正的其他救濟。該認股權證是融資協議的一部分，其中包括股票購買協議和註冊權協議。Mullen Automotive聲稱，被告的商業模式，即未經適當註冊就買入和賣出證券，是非法的，是美國證券交易委員會最近起訴的目標。該公司要求進行陪審團審判，由巴西爾律師事務所代理，P.C.
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