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EV Maker Contests Del. Bid To Stall Stock Drop Suit In Calif.

By Jeff Montgomery ( August 26, 2024, 8:22 PM EDT) -- Counsel for electric-vehicle manufacturer Mullen, which is now tangled in a derivative lawsuit seeking damages in Delaware's Chancery Court, have pointed the court to a proposed $7. 25 million settlement in an earlier-filed derivative case in California federal court to support the company's bid to stay the Delaware action. . . .

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