Mullen vows to ‘take action’ against illegal short sellers, and stock bounces

Shares of Mullen Automotive Inc. bounced Wednesday, after the electric-vehicle maker said he retained a law firm to help him combat illegal naked short-selling activities.

The stock MULN,
+5.75%
bounced 2.9% in morning trading, after falling 6.3% on Monday to close at a record low of 10.1 cents. It suffered a record 85.2% monthly plunge in June, even after the company reported last week that it recorded revenue for the first time and that it was in the “best financial position” in its history.

On Wednesday, the Brea, Calif.-based company said it retained Christian Attar, formally known as Christian Levine

Texas Court of Appeals Dismisses Trade Secret Case Against Defendant for Lack of Personal Jurisdiction | Seyfarth Shaw

Establishing jurisdiction over a defendant is critical in every lawsuit. Trade secret cases are certainly no different. A recent appellate decision from Texas underscored this important point by dismissing a plaintiff’s claim against a defendant – who did not even deny that he received misappropriated trade secrets – for lack of jurisdiction.

The case is joe Formicola v. Virtual Integrated Analytics Solutions, LLC14th Court of Appeals, Texas, Case No. 14-22-00412-CV (the state court case is Virtual Integrated Analytics Solutions LLC vs. Optimal Designs Incorporated et al., Case No. 202215877, in the 189th District Court of Harris County,

The Schall Law Firm Encourages Investors in DouYu International Holdings Limited with Losses of $100,000 to Contact the Firm

PRESS RELEASE

Published June 19, 2023

LOS ANGELES, CA / ACCESSWIRE / June 19, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DouYu International Holdings Limited (“DouYu” or “the Company”) (NASDAQ:DOYU) for violations of §§10(b) and 20 (a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the US Securities and Exchange Commission.

The Schall Law Firm, Monday, June 19, 2023, Press release picture

Investors who purchased the Company’s securities between April 30, 2021 and May 9, 2023, inclusive (the “Class Period”), are encouraged to contact the firm before August 8, 2023.

If you are

Small Business – Cordele Dispatch

NEW YORK, June 17, 2023 /PRNewswire/ — Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Icahn Enterprises LP (“Icahn Enterprises” or the “Company”) (NASDAQ:IEP) and reminds investors of the July 10, 2023 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi Logo (PRNewsfoto/Faruqi & Faruqi, LLP)

If you have suffered losses exceeding $100,000 investing in Icahn Enterprises stock or options between August 2, 2018 and May 9, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partners Josh Wilson directly at

New York State Senate Passes Bill to Ban Noncompete Agreements

New York State may soon join the growing list of restricting jurisdictions or banning noncompete agreements. On June 7, 2023 the New York State Senate passed S 3100A (the “Bill”), which would prohibit employers from seeking, requiring, demanding, or accepting certain noncompete agreements.

If adopted and signed into law, the Bill would significantly change the landscape for New York employers, in part because the legislation uses broad–and sometimes vague–definitions. The Bill defines “non-compete agreement,” as “any agreement, or clause contained in any agreement, between an employer and a covered individual that prohibits or restricts such as covered individual from obtaining …

Nevada Seeks to Ban Non-Competes with Physicians | Seyfarth Shaw

The Nevada legislature passed new legislation recently that essentially bans all non-compete clauses in physician contracts while strictly limiting the instances in which a hospital or psychiatric hospital may employ a physician as an employee, rather than as a contractor. Assembly Bill 11 was introduced in February 2023 and had passed both the Senate and Assembly by May. However, Nevada Governor Joe Lombardo vetoed the bill in June, leaving AB 11’s future uncertain. The bill passed both legislative houses just shy of a veto-proof majority. If ultimately passed over the veto, AB 11 would make the following changes:

Physician Non-competes:

NTNX LOSS ALERT: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Nutanix, Inc. Investors to Secure Counsel Before Important June 13 Deadline in Securities Class

NEW YORK, June 2, 2023 /PRNewswire/ —

Rosen Law Firm, PA Logo

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Nutanix, Inc. (NASDAQ:NTNX) between September 21, 2021 and March 6, 2023both dates inclusive (the “Class Period”), of the important June 13, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Nutanix securities during the Class Period, you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Nutanix class action, go to https://rosenlegal.com/submit-form/?case_id=15753 or call Philip Kim, Esq.

ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages UP Fintech Holding Limited Investors to Inquire About Securities Class Action Investigation

NEW YORK, May 26, 2023 /PRNewswire/ —

Rosen Law Firm, PA Logo

WHY: Rosen Law Firm, a global investor rights law firm, announced an investigation of potential securities claims on behalf of shareholders of UP Fintech Holding Limited (NASDAQ: TIGR) resulting from allegations that UP Fintech may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased UP Fintech securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: