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Futu Holdings Limited Securities Fraud Class Action Result of Undisclosed Regulatory Compliance Failures and approximately 32% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC
GlobeNewswire Inc.·
Futu Holdings Limited faces a securities class action lawsuit for failing to disclose material information regarding non-compliance with China Securities Regulatory Commission requirements. The company allegedly conducted securities, public fund sales, and futures business in mainland China without proper licenses or approvals, resulting in a 32% stock decline. Investors who purchased securities between May 24, 2023 and May 27, 2026 have until August 25, 2026 to file lead plaintiff applications.
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