An investigation for investors in Futu Holdings Limited (NASDAQ:FUTU) shares over potential securities laws violations by Futu Holdings Limited was announced.
San Diego, CA -- (SBWIRE) -- 11/18/2021 -- Futu Holdings Limited is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Futu Holdings Limited (NASDAQ: FUTU), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Futu Holdings Limited (NASDAQ: FUTU regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
China based Futu Holdings Limited operates digitized brokerage and wealth management platform in Hong Kong, China, the United States, and internationally.
On October 28, 2021, it was reported that a Chinese central banker warned that online brokerages not licensed in China are acting illegally if they serve Chinese clients via the Internet.
Shares of Futu Holdings Limited (NASDAQ: FUTU) declined from $74.98 per share on October 22, 2021, to as low as $50.10 per share on October 28, 2021.
Those who purchased shares of Futu Holdings Limited (NASDAQ: FUTU) have certain options and should contact the Shareholders Foundation.
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