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Class action filed against Futu Holdings over alleged regulatory violations and misleading investors.

Market News
29 Jun 2026
PRNewsWire
View Source
Bearish
pluang ai news

Robbins LLP has filed a class action lawsuit on behalf of investors who bought Futu Holdings securities between May 2023 and May 2026. The lawsuit alleges Futu misled investors by failing to disclose non-compliance with Chinese regulatory requirements, risking penalties and overstated financial results. On May 28, 2026, Futu announced significant penalties totaling approximately RMB1.85 billion, causing its stock to drop nearly 5%. Investors may participate in the class action or remain absent members, with no fees unless recovery is made.

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