NASDAQ: FTFT

Future FinTech Group Inc.

Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Future Fintech Group Inc. (NASDAQ: FTFT) between March 10, 2020 and January 11, 2024, both dates inclusive (the “Class Period”). A class action has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 18, 2024.

If you purchased Future FinTech securities during the Class Period and would like to join the action, please click “Join This Class Action.”

Class Period:March 10, 2020 through January 11, 2024

Deadline:

19 Days
If you purchased Future FinTech securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

According to the lawsuit, throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose that:

  • Defendant Shanchun Huang (“Huang”) manipulated the price of Future FinTech stock;
  • Defendant Huang and Future FinTech lied to the U.S. Securities and Exchange Commission (“SEC”) about the nature of Defendant Huang’s ownership of Future FinTech stock;
  • Future FinTech understated its legal risk;
  • Future FinTech did not disclose the unlawful measures Defendant Huang took to prop up the price of its stock; and
  • as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Company Name: Future FinTech Group Inc.
Stock Symbol: FTFT
Class Period: March 10, 2020 through January 11, 2024
Court: United States District Court for the District of New Jersey

Why Rosen Law

The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

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.

Institutional Shareholders Services ranked the Rosen Law Firm # 1 for the number of securities class action recoveries in 2017.

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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