Newsfile Corp
09 Jun 2026, 00:44 UTC · 2h ago
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Futu Holdings Limited Investors to Inquire About Securities Class Action Investigation - FUTU
Newsfile Corp
09 Jun 2026, 00:44 UTC · 2h ago
Story key points
3 claims · impact-rated
China is cracking down on cross-border securities and penalizing brokers, including Futu, for soliciting business without onshore licenses. — Regulatory crackdowns in China directly threaten the core business model and legality of operations for these brokers.
-0.80The Rosen Law Firm has launched an investigation into potential securities claims against Futu Holdings Limited for allegedly issuing misleading business information. — Class action lawsuits create additional legal liability and financial risk, often signaling deeper corporate governance issues.
-0.40Futu's American Depositary Shares (ADSs) fell 27.5% on May 22, 2026, following news of the Chinese regulatory crackdown. — While this is a historical price movement, it confirms high market sensitivity to the regulatory news.
-0.20Ticker attribution
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Model heads
The company is facing a securities class action investigation following a regulatory crackdown in China and a significant share price drop.
The company is the subject of a securities class action investigation mentioned in the press release.
The company is the subject of a securities class action investigation mentioned in the press release.
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Newsfile Corp
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