Rosen Law Firm says Futu investors face Aug. 25 lead-plaintiff deadline

Rosen Law Firm says investors who bought Futu Holdings securities during the stated class period may seek to join a securities fraud class action before an Aug. 25 deadline.
Rosen Law Firm said on July 31 that investors who bought Futu Holdings Limited securities during a class period running from May 24, 2023, through May 27, 2026, may qualify to join a securities fraud class action. The deadline to ask the court to serve as lead plaintiff is Aug. 25, 2026.
The firm said the lead plaintiff helps direct the case on behalf of other class members. It also said investors may be entitled to compensation through a contingency fee arrangement, with no out-of-pocket fees or costs, if they join the case.
According to the release, the lawsuit has already been filed against Futu Holdings Limited, which trades on Nasdaq under the symbol FUTU. The suit alleges that defendants made false or misleading statements, or failed to disclose, that Futu was not in compliance with China Securities Regulatory Commission requirements. It also alleges the company continued securities, public fund sales and futures business in mainland China without the required licenses or approval.
The release says the complaint further alleges Futu was reasonably likely to face regulatory penalties, including disgorgement of ill-gotten gains, that its financial results were overstated, and that positive statements about its business, operations and prospects lacked a reasonable basis.
Rosen’s release says an investor must move the court by Aug. 25, 2026, to serve as lead plaintiff. It describes a lead plaintiff as a representative party acting on behalf of other class members in directing the litigation.
The firm also provided a web page, phone number and email address for investors seeking information or wishing to join the case. The release says investors can visit Rosen’s Futu case page, call Phillip Kim at 866-767-3653 or email the address listed in the release.
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