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Rosen Law Firm Encourages Futu Holdings Limited Investors to Inquire About Securities Class Action Investigation
The firm says investors may have claims after Reuters reported a China crackdown that sent UP Fintech shares down 25.3%.
- Rosen Law Firm is investigating potential securities claims against Fintech Holding Limited and Futu Holdings Limited, alleging both companies issued materially misleading business information to investors.
- On May 22, 2026, Reuters reported that China announced a major crackdown on cross-border investment, stating it would penalize online brokers Tiger, Futu, and Longbridge for soliciting business without an onshore license.
- Following the regulatory announcement, shares in the affected companies fell more than 30% in U.S. premarket trade, reflecting immediate market reaction to the potential penalties.
- Rosen Law Firm is organizing a prospective class action lawsuit to help investors recover losses, encouraging those who purchased securities to join the litigation.
- Founding partner Laurence Rosen, named a 'Titan of Plaintiffs' Bar' in 2020, encourages investors to select qualified counsel with a track record of success in securities litigation.
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31 Articles
Coverage Details
Total News Sources31
Leaning Left4Leaning Right3Center11Last UpdatedBias Distribution61% Center
Bias Distribution
- 61% of the sources are Center
61% Center
L 22%
C 61%
R 17%
Factuality
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