San Diego, CA -- (SBWIRE) -- 08/18/2023 -- The Shareholders foundation announced that a deadline is coming up on August 11, 2023 in the lawsuit filed for certain investors of Futu Holdings Limited (NASDAQ: FUTU).

Investors who purchased shares of Futu Holdings Limited (NASDAQ: FUTU) have certain options and there are strict and short deadlines running. Deadline: August 11, 2023. NASDAQ: FUTU stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Futu Holdings Limited (NASDAQ: FUTU) common shares between April 27, 2020 and May 16, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between April 27, 2020 and May 16, 2023, the defendants made false and/or misleading statements and/or failed to disclose, among other things, that Futu Holdings Limited's business was, quite simply, illegal as it related to operations in China as a result of its failure to obtain the proper licenses, that it did not fully disclose to investors that it was engaging in unlawful activity and instead falsely characterized the applicable Chinese laws as ambiguous, that the foregoing subjected the Company to a heightened risk of regulatory enforcement, and that as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of Futu Holdings Limited (NASDAQ: FUTU) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.