Futu Holdings Limited

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

If you purchased Futu securities and would like to join the prospective action, please click “Join This Class Action.”

If you purchased Futu securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of investigation:

On May 16, 2023, Futu issued a press release announcing the decision to remove “the Futubull app from app stores in Mainland China from May 19, 2023. In response to the Chinese Securities and Regulatory Commission’s (the “CSRC”) rectification requirements on cross-border securities business, Futu will remove the Futubull app from app stores in Mainland China in order to bring its operations into full compliance with such regulatory principle.

On this news, Futu’s stock price stock price fell more than 4% in intraday trading on May 16, 2023.

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Company Name: Futu Holdings Limited
Stock Symbol: FUTU
Class Period: N/A
Court: N/A

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Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

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The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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