{"id":990343,"date":"2026-08-05T10:17:57","date_gmt":"2026-08-05T14:17:57","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/futu-shareholder-alert-futu-holdings-limited-securities-class-action-lawsuit-investors-with-losses-may-contact-levi-korsinsky\/"},"modified":"2026-08-05T10:17:57","modified_gmt":"2026-08-05T14:17:57","slug":"futu-shareholder-alert-futu-holdings-limited-securities-class-action-lawsuit-investors-with-losses-may-contact-levi-korsinsky","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/futu-shareholder-alert-futu-holdings-limited-securities-class-action-lawsuit-investors-with-losses-may-contact-levi-korsinsky\/","title":{"rendered":"FUTU Shareholder Alert: Futu Holdings Limited Securities Class Action Lawsuit – Investors With Losses May Contact Levi & Korsinsky"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n Were Futu Holdings’ Generic Risk Warnings About CSRC Compliance Adequate When the Company Allegedly<\/span> Already Knew It Was Operating Without Required Licenses and Faced a RMB 1.85 Billion Penalty?<\/i>\n <\/p>\n

\n NEW YORK<\/span>, Aug. 5, 2026<\/span> \/PRNewswire\/ — Levi & Korsinsky, LLP examines the adequacy of Futu Holdings Limited’s (NASDAQ: FUTU) risk disclosures to investors during the Class Period from May 24, 2023 through May 27, 2026. A securities class action has been filed alleging that Futu’s SEC filings used hedged, conditional language about regulatory risks that were allegedly<\/span> not hypothetical but already materializing. Investors who lost money on FUTU may find out if inadequate disclosures entitle you to recovery<\/a>\u00a0or contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com<\/a>\u00a0or (212) 363-7500.<\/p>\n

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\n \"Levi\n <\/p>\n<\/p><\/div>\n

FUTU shares lost $34.10 per share, a 27.5% decline, on May 22, 2026, after the CSRC proposed a penalty of approximately RMB 1.85 billion (USD 271 million) for conducting unlicensed securities, fund sales, and futures business in mainland China.<\/p>\n

\n What the Company Disclosed in SEC Filings<\/b>\n <\/p>\n

Futu’s annual reports on Form 20-F for fiscal years 2023 and 2024 acknowledged the CSRC’s December 2022 inquiry and stated the Company had “taken and may continue to take rectification measures.” The filings warned that “there can be no assurance that our rectification measures would fully meet the requirements from the CSRC” and that the Company had “limited information to accurately predict if any disciplinary action or punishment will be taken.”<\/p>\n

The risk factor language was framed as forward-looking and conditional: penalties “may” occur, regulatory actions “could” have an adverse impact, and the CSRC “may” impose fines.<\/p>\n

\n What the Complaint Alleges<\/span> Was Missing<\/b>\n <\/p>\n

The complaint challenges the adequacy of these disclosures by alleging that Futu knew far more than its conditional language suggested. According to the action, while telling investors that future penalties were uncertain possibilities:<\/p>\n