Multiple law firms filed a class-action lawsuit against Futu Holdings Limited on June 29, 2026. The legal action alleges violations of federal securities laws.
The lawsuit targets misleading statements issued between May 24, 2023, and May 27, 2026. Futu allegedly failed to disclose it operated in China without necessary licenses from the China Securities Regulatory Commission (CSRC).
This lack of compliance reportedly exposed the company to undisclosed regulatory risks. Law firms are now inviting shareholders who suffered losses during the specified period to join the litigation.