PRNewsWire
29 Jun 2026, 07:41 UTC · 4h ago
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Futu Holdings Limited is facing a class action lawsuit alleging it operated in China without necessary licensing and approval from the China Securities Regulatory Commission (CSRC). — Regulatory non-compliance in a primary market like China poses significant operational risks and potential for severe government sanctions.
-0.60A lawsuit has been filed against Futu Holdings for alleged violations of the Securities Exchange Act of 1934 and Rule 10b-5, claiming false and misleading public statements. — Securities fraud allegations can lead to substantial legal settlements and a loss of investor confidence in company management.
-0.40Which stocks this story touches
The company is facing a class action lawsuit for violations of securities laws.
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The company is facing a class action lawsuit for alleged securities law violations and misleading statements regarding its operations in China.
The company is being sued for securities law violations.
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