Futu Holdings Ltd

Kahn Swick & Foti, LLC reminds investors that a securities class action lawsuit has been filed against Futu Holdings Limited, with a lead plaintiff deadline of August 25, 2026. The lawsuit alleges that during the Class Period from May 24, 2023 to May 27, 2026, Futu and certain executives failed to disclose that the company was not in compliance with China Securities Regulatory Commission requirements, including conducting securities, public fund sales, and futures business in mainland China without requisite licenses or approval. As a result, the company was reasonably likely to face regulatory penalties such as disgorgement of ill-gotten gains, and its financial results were overstated. The case, Tang v. Futu Holdings Limited, et al, is pending in the United States District Court for the Southern District of New York.

Pomerantz LLP has filed a class action lawsuit against Futu Holdings Ltd. over potential securities fraud or unlawful business practices. Investors who purchased or acquired Futu securities during the Class Period have until August 25, 2026, to seek appointment as Lead Plaintiff. The complaint follows a Reuters report on May 22, 2026, that China would crack down on illegal cross-border securities, causing Futu's American Depositary Shares to drop 27.5% to $89.76. On May 28, 2026, Futu disclosed first-quarter 2026 financial results including proposed penalties of approximately RMB1.85 billion, leading to a further 4.8% decline in its ADS price to $104.91.

The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of Futu Holdings, Hub Group, Insulet Corporation, and Photronics. For Futu Holdings, the lead plaintiff deadline is August 25, 2026, with allegations that the company failed to disclose non-compliance with CSRC requirements and overstated financial results. Hub Group faces an August 28, 2026 deadline over claims of material misstatements in financial statements from Q1 2023 to Q3 2025. Insulet Corporation has an August 31, 2026 deadline, with allegations of defective manufacturing controls and safety regulation violations. Photronics has a September 4, 2026 deadline, with claims that the company failed to disclose severe bottlenecks in its high-end chip design release pipeline.

Rosen Law Firm reminds purchasers of Futu Holdings Limited securities between May 24, 2023 and May 27, 2026 of the August 25, 2026 lead plaintiff deadline in a securities class action. The lawsuit alleges that Futu made materially false and misleading statements and failed to disclose non-compliance with China Securities Regulatory Commission requirements, including conducting securities, public fund sales, and futures business in mainland China without requisite licenses. As a result, the suit claims Futu faced regulatory penalties and its financial results were overstated, causing investor damages when the true details emerged. Investors may be entitled to compensation through a contingency fee arrangement and can join the class action via the Rosen Law Firm website or by contacting the firm directly.

Kahn Swick & Foti, LLC reminds investors that a securities class action lawsuit has been filed against Futu Holdings Limited, with a lead plaintiff deadline of August 25, 2026. The lawsuit alleges that during the Class Period from May 24, 2023 to May 27, 2026, Futu and certain executives failed to disclose that the company was not in compliance with China Securities Regulatory Commission requirements, including conducting securities, public fund sales, and futures business in mainland China without required licenses or approval. As a result, the company was reasonably likely to face regulatory penalties such as disgorgement of ill-gotten gains, its financial results were overstated, and positive statements about its business were materially misleading. The case is pending in the United States District Court for the Southern District of New York under docket number 26-cv-05453.

The Rosen Law Firm is investigating potential securities claims on behalf of UP Fintech Holding Limited shareholders, alleging the company may have issued materially misleading business information. The investigation follows a May 22, 2026 Reuters report that China announced a crackdown on illegal cross-border securities activities, naming online brokers Tiger, Futu, and Longbridge for soliciting business without onshore licenses. UP Fintech American Depositary Shares fell 25.3% that day. The law firm is preparing a class action to recover investor losses and encourages affected shareholders to contact them.

Rosen Law Firm reminds purchasers of Futu Holdings Limited securities between May 24, 2023 and May 27, 2026 of the August 25, 2026 lead plaintiff deadline in a securities class action. The lawsuit alleges that throughout the class period, Futu made materially false and misleading statements and failed to disclose non-compliance with China Securities Regulatory Commission requirements, including conducting securities, public fund sales, and futures business in mainland China without requisite licenses, which overstated financial results and misled investors. Investors may be entitled to compensation through a contingency fee arrangement and must move the court by August 25 to serve as lead plaintiff. Rosen Law Firm, which has recovered billions for investors and achieved the largest securities class action settlement against a Chinese company, encourages investors to select qualified counsel with a proven track record.

Bragar Eagel & Squire, P.C. has announced that a class action lawsuit has been filed against Futu Holdings Limited in the United States District Court for the Southern District of New York on behalf of investors who purchased or acquired Futu securities between May 24, 2023 and May 27, 2026. The lawsuit alleges that Futu made false and misleading statements and failed to disclose that it was not in compliance with China Securities Regulatory Commission requirements, including conducting securities, public fund sales, and futures business in mainland China without proper licenses, which made regulatory penalties and overstated financial results likely. Investors have until August 25, 2026 to seek appointment as lead plaintiff. The firm encourages affected investors to contact partners Brandon Walker or Melissa Fortunato to discuss their legal rights.

Kahn Swick & Foti, LLC reminds investors that they have until August 25, 2026 to file lead plaintiff applications in a securities class action lawsuit against Futu Holdings Limited. The lawsuit alleges that Futu and certain executives failed to disclose that the company was not in compliance with China Securities Regulatory Commission requirements, including conducting securities, public fund sales, and futures business in mainland China without requisite licenses, and that its financial results were overstated. The class period covers purchases of Futu securities between May 24, 2023 and May 27, 2026. The case is pending in the United States District Court for the Southern District of New York under the caption Tang v. Futu Holdings Limited, et al, 26-cv-05453.

The Rosen Law Firm is investigating potential securities claims on behalf of UP Fintech Holding Limited shareholders, alleging the company may have issued materially misleading business information. The investigation follows a May 22, 2026 Reuters report that China announced a major crackdown on illegal cross-border investment, naming online brokers Tiger, Futu, and Longbridge for soliciting business without an onshore license. UP Fintech American Depositary Shares fell 25.3% on that news. The law firm is preparing a class action to recover investor losses and encourages affected shareholders to contact them.

The Law Offices of Howard G. Smith reminds investors that securities fraud class action lawsuits have been filed against Futu Holdings Limited, Hub Group, Inc., Insulet Corporation, and Photronics, Inc., with lead plaintiff deadlines ranging from August 25 to September 4, 2026. The complaint against Futu alleges the company made false or misleading statements by failing to disclose non-compliance with CSRC requirements, including conducting securities, public fund sales, and futures business in mainland China without proper licenses, which could lead to regulatory penalties and overstated financial results. Hub Group is accused of material misstatements in financial statements from Q1 2023 to Q3 2025 due to premature transaction recognition and understated costs. Insulet allegedly had defective manufacturing controls that created a risk of safety violations, while Photronics is said to have concealed severe bottlenecks in its high-end chip design release pipeline. Investors who suffered losses may contact the firm to discuss their legal rights.

Levi & Korsinsky reminds investors that the lead plaintiff deadline in the securities class action against Futu Holdings Limited is August 25, 2026. The lawsuit alleges that between May 24, 2023 and May 27, 2026, Futu made misleading statements about its regulatory compliance while continuing unlicensed securities, fund sales, and futures operations in mainland China and Hong Kong. On May 22, 2026, Futu shares fell $34.10, or 27.5%, after the China Securities Regulatory Commission proposed penalties totaling approximately USD 271 million, including confiscation of RMB 470 million in illegal gains. The complaint claims that Futu’s reported growth in paying clients and client assets was materially misleading because revenue from mainland Chinese investors was allegedly derived from unlicensed activity. Investors who purchased Futu securities during the class period and suffered losses may be entitled to compensation.

Rosen Law Firm reminds purchasers of Futu Holdings Limited securities between May 24, 2023 and May 27, 2026 of the August 25, 2026 lead plaintiff deadline in a securities class action. The lawsuit alleges that Futu made materially false and misleading statements and failed to disclose non-compliance with China Securities Regulatory Commission requirements, including conducting securities, public fund sales, and futures business in mainland China without requisite licenses, which overstated financial results and misled investors. Investors may be entitled to compensation through a contingency fee arrangement and can join the action by contacting the firm. Rosen Law Firm highlights its track record in securities class actions, including the largest-ever settlement against a Chinese company and over $438 million recovered for investors in 2019.

Holzer & Holzer, LLC has announced deadlines for investors to seek lead plaintiff appointment in shareholder class action lawsuits against First Solar, Futu Holdings, and Hub Group. The First Solar case covers purchases between February 26, 2025 and February 24, 2026, with a deadline of August 24, 2026. The Futu Holdings case covers purchases between May 24, 2023 and May 27, 2026, with a deadline of August 25, 2026. The Hub Group case covers purchases between April 28, 2023 and May 11, 2026, with a deadline of August 28, 2026. Investors who suffered losses are encouraged to contact the firm.

The Gross Law Firm has announced a securities class action lawsuit against Futu Holdings Limited on behalf of shareholders who purchased shares between May 24, 2023 and May 27, 2026. The complaint alleges that during the class period, Futu made materially false or misleading statements and failed to disclose that it was not in compliance with China securities regulatory commission requirements, including conducting securities, public fund sales, and futures business in mainland China without requisite licenses or approval. As a result, the suit claims Futu was likely to face regulatory penalties and that its financial results were overstated. Shareholders have until August 25, 2026 to seek lead plaintiff appointment, though participation in any recovery does not require serving as lead plaintiff.

The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of Futu Holdings, Hub Group, Insulet Corporation, and Photronics. For Futu Holdings, the lead plaintiff deadline is August 25, 2026, with allegations that the company failed to disclose non-compliance with CSRC requirements and overstated financial results. Hub Group faces an August 28, 2026 deadline over claims of material misstatements in financial statements from Q1 2023 to Q3 2025. Insulet Corporation has an August 31, 2026 deadline, with allegations of defective manufacturing controls that heightened the risk of safety violations. Photronics has a September 4, 2026 deadline, with claims that the company failed to disclose severe bottlenecks in its high-end chip design release pipeline.

Rosen Law Firm reminds purchasers of Futu Holdings Limited securities between May 24, 2023 and May 27, 2026 of the August 25, 2026 lead plaintiff deadline in a securities class action. The lawsuit alleges that Futu made false and misleading statements and failed to disclose non-compliance with China Securities Regulatory Commission requirements, including conducting securities, public fund sales, and futures business in mainland China without required licenses. It further claims that Futu faced likely regulatory penalties, its financial results were overstated, and positive statements about its business were materially misleading. Investors who purchased Futu securities during the class period may be entitled to compensation through a contingency fee arrangement.

Bragar Eagel & Squire, P.C. reminds Futu Holdings Limited stockholders that a class action lawsuit has been filed against the company. The lawsuit, filed in the United States District Court for the Southern District of New York, covers investors who purchased or acquired Futu securities between May 24, 2023 and May 27, 2026. The complaint alleges that Futu made false and misleading statements and failed to disclose that it was not in compliance with China Securities Regulatory Commission requirements, including conducting securities, public fund sales, and futures business in mainland China without proper licenses, and that its financial results were overstated as a result. Investors have until August 25, 2026 to seek appointment as lead plaintiff. Affected investors are encouraged to contact the firm's partners Brandon Walker or Melissa Fortunato via email or phone.

Holzer and Holzer reminds investors of upcoming lead plaintiff deadlines in shareholder class action lawsuits against Futu Holdings, Hub Group, and Insulet Corporation. The Futu lawsuit, covering purchases between May 24, 2023 and May 27, 2026, alleges misstatements about compliance with China Securities Regulatory Commission requirements, with a deadline of August 25, 2026. The Hub Group case, for shares bought between April 28, 2023 and May 11, 2026, concerns financial results, revenue recognition, and internal controls, and has a deadline of August 28, 2026. The Insulet action, for purchases between February 21, 2025 and May 26, 2026, involves manufacturing controls and procedures, with a deadline of August 31, 2026. Investors who suffered losses are encouraged to contact the firm to discuss their legal rights.

Kessler Topaz Meltzer & Check, LLP has filed a securities fraud class action lawsuit against Futu Holdings Limited on behalf of investors who purchased Futu securities between May 24, 2023 and May 27, 2026. The complaint alleges that Futu made materially false and misleading statements regarding its compliance with China Securities Regulatory Commission requirements, specifically that it conducted securities, public fund sales, and futures business in mainland China without requisite licenses. On May 22, 2026, Futu disclosed a proposed penalty of approximately RMB1.85 billion from the CSRC, causing its stock to drop 27.5% that day. Investors have until August 25, 2026 to seek lead plaintiff status in the case filed in the U.S. District Court for the Southern District of New York.

The Rosen Law Firm is investigating potential securities claims on behalf of UP Fintech Holding Limited shareholders, alleging the company may have issued materially misleading business information. The investigation follows a May 22, 2026 Reuters report that China announced a crackdown on illegal cross-border securities, naming online brokers Tiger, Futu, and Longbridge for soliciting business without an onshore license. UP Fintech American Depositary Shares fell 25.3% on that news. The law firm is preparing a class action to recover investor losses and encourages affected shareholders to contact them.

Faruqi & Faruqi, LLP reminds investors of the August 25, 2026 deadline to seek lead plaintiff in a securities class action against Futu Holdings Limited. The lawsuit alleges Futu made false or misleading statements by failing to disclose it conducted securities, public fund sales, and futures business in mainland China without required CSRC licenses, leading to overstated financial results. On May 22, 2026, Futu disclosed a CSRC notification proposing penalties totaling approximately RMB1.85 billion, causing its stock to fall more than 27%. A subsequent May 28, 2026 earnings release detailing the proposed penalties led to a further nearly 5% decline.

The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of Futu Holdings Limited and Hub Group, Inc. For Futu, the class period is May 24, 2023 to May 27, 2026, with a lead plaintiff deadline of August 25, 2026; the complaint alleges the company made false and misleading statements and failed to disclose non-compliance with CSRC requirements, including conducting securities, public fund sales, and futures business in mainland China without requisite licenses, which overstated financial results. For Hub Group, the class period is April 28, 2023 to May 11, 2026, with a lead plaintiff deadline of August 28, 2026; the complaint alleges material misstatements in financial statements from Q1 2023 to Q4 2024 due to premature and incorrect recognition of certain transactions, and from Q1 2025 to Q3 2025 due to understatement of purchased transportation costs and accounts payable. Investors who suffered losses are encouraged to contact the firm to discuss their legal rights.

The Justice Department is looking into Susquehanna International Group's allegations that unknown insider traders made $100 million on options bets placed ahead of a recent Chinese regulatory crackdown on cross-border brokerages, according to people familiar with the matter. The criminal division in Washington is leading the probe, which is in its early stages. The Securities and Exchange Commission is also examining the trades described in the market-making firm's complaint. Susquehanna said in a lawsuit filed Monday in Manhattan federal court that it lost more than $70 million as counterparty on most of the alleged insider trades, which involved US exchange-traded options in Chinese securities firms targeted in a May 22 crackdown. The firm sued 100 John Doe defendants and obtained a court order freezing accounts at Interactive Brokers Group Inc. and the platforms of Futu Holdings Ltd. and Up Fintech Holdings Ltd. that the defendants allegedly used.

Futu Holdings faces a proposed penalty of roughly RMB1.85 billion from the CSRC Shenzhen Bureau, including about RMB470 million in confiscated gains and RMB1.38 billion in fines, tied to regulated activities without required licenses or approvals. The charge caused first-quarter net income to fall 61.2% to HK$831 million, though before the adjustment net income would have been about HK$2.92 billion. Operating metrics remained strong, with funded accounts up 34.3% to 3.59 million, client assets up 47.2% to HK$1.22 trillion, and revenues up 24.7% to HK$5.86 billion. S&P reaffirmed Futu's BBB- long-term issuer rating with a stable outlook, and management said bank facilities remain intact. Mainland China funded accounts represented about 13% of first-quarter funded accounts, with related client assets around 17% and revenue contribution near 20%, as Futu leans on international expansion through Moomoo, Hong Kong, Singapore, crypto licensing, and planned Korean stock access.

Upstart Holdings currently offers a more attractive risk-reward profile than Futu Holdings, according to a Zacks Investment Research analysis. Futu's first-quarter funded accounts rose 34.3% to 3.59 million and client assets climbed 47.2% to HK$1.22 trillion, but reported net income fell 61.2% year over year to HK$831 million after a roughly RMB1.85 billion penalty from the China Securities Regulatory Commission. Upstart's originations grew 61% to $3.4 billion and revenue rose 44% to $308 million, with auto originations up more than 300% and home originations up around 250%. Consensus estimates project Upstart's 2026 sales growth at 36.53% and EPS growth at 30.46%, while Futu's 2026 sales growth is seen at just 1.61% with an EPS decline of 13.19%. Over the past three months, Upstart shares have gained 39% while Futu shares have dropped 26.6%, and Upstart carries a Zacks Rank #3 (Hold) versus Futu's Zacks Rank #5 (Strong Sell).

Bragar Eagel & Squire, P.C. has launched an investigation into Futu Holdings Limited on behalf of Futu stockholders. The investigation concerns whether Futu violated federal securities laws or engaged in other unlawful business practices. The inquiry follows Futu's May 22, 2026 announcement that it received a Notice of Investigation and an Administrative Penalty Pre-Notification Letter from the China Securities Regulatory Commission and its Shenzhen bureau regarding the company's mainland China operations. On that news, Futu shares fell $34.10 per share, or approximately 28%, from $123.86 on May 21, 2026 to close at $89.76 on May 22, 2026. Investors who purchased or acquired Futu shares and suffered losses are encouraged to contact the firm.

Kessler Topaz Meltzer & Check, LLP is investigating Futu Holdings Limited for potential violations of federal securities laws on behalf of investors who purchased or acquired Futu securities and suffered significant losses. The investigation follows a May 22, 2026 Reuters report that China would crack down on illegal cross-border securities activities, including penalizing online brokers like Futu for soliciting business without an onshore license. After the report, Futu's stock price fell over 27%. The law firm encourages affected investors to contact them to discuss their legal rights.