Futu Holdings Limited
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to email@example.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at firstname.lastname@example.org.
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The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
1800 Century Park East, Suite 600
Los Angeles, CA 90067
As per the allegations in the complaint, the defendants, during the specified class period, were involved in making false and/or deceptive statements, as well as failing to disclose certain information. The specific claims are as follows:
- The defendants did not disclose that Futu’s business operations in China were illegal due to their failure to acquire the necessary licenses.
- Instead of disclosing their unlawful activities, the defendants falsely characterized the relevant Chinese laws as ambiguous, thereby misleading investors.
- This non-disclosure and mischaracterization exposed the company to an increased risk of regulatory enforcement.
- Consequently, the defendants’ statements regarding the company’s business, operations, and future prospects were materially false, misleading, and lacked a reasonable basis throughout the relevant times.
As a result of these alleged wrongful acts, members of the class have suffered significant losses and damages.