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On September 08, 2026, Futu Holdings Ltd FUTU shares fell 3.5%, closing at $117.50. The stock has fluctuated between a 52-week high of $202.53 and a low of $80.50, reflecting significant volatility over the past year.

GF Value™ verdict: Current price at $117.50 vs GF Value of $175.05 indicates a 32.9% undervaluation.GF Score™ of 80/100 suggests strong overall performance.Notable signal: Insider activity shows no transactions in the past 12 months.Is FUTU Overvalued or Undervalued?Futu Holdings Ltd FUTU currently trades at $117.50, which is significantly below the GF Value™ of $175.05. This disparity indicates a potential margin of safety of 32.9% for investors considering the stock. The GF Value™ represents GuruFocus' proprietary intrinsic-value estimate, taking into account historical trading multiples, past business growth, and future performance expectations. Given the current valuation, there may be an attractive opportunity for value-oriented investors, though caution is warranted as the GF Valuation label suggests it could be a possible value trap. This warning indicates that while the stock appears undervalued, it is important to consider broader market conditions and company-specific risks before making investment decisions.

How Does FUTU's Valuation Compare to Its History?MetricCurrentHistoricalP/E (TTM)11.6x17.4xForward P/E10.2xN/AFUTU's current P/E ratio of 11.6x is 33% below its 5-year median P/E of 17.4x, indicating that the stock is trading at a discount compared to its historical valuation metrics. This analysis aligns with the GF Value™ assessment of undervaluation, suggesting that the stock may provide a compelling investment opportunity for those comfortable with the associated risks.

What Does FUTU's GF Score™ Tell Us?The GF Score™ is a composite measure that evaluates a company's financial health, profitability, growth prospects, valuation, and momentum. With a GF Score™ of 80/100, FUTU demonstrates strong performance overall, with notable strengths in profitability and growth, scoring 9/10 and 10/10 respectively. However, the valuation rank is weaker at 4/10, indicating that the current price may not reflect the company's growth potential optimally, while the momentum rank at 2/10 suggests recent price weakness.

MetricRatingGF Score™80/100Financial Strength4/10Profitability9/10Growth10/10Valuation4/10Momentum2/10Overall, FUTU's strong profitability and growth scores suggest a solid operational foundation, while the lower financial strength and valuation ranks indicate potential concerns regarding its current financial position and market perception. This divergence suggests that while FUTU has the capacity for growth, investors should be cautious about the current valuation.

What Are Gurus and Insiders Doing with FUTU?Currently, 3 gurus hold shares of FUTU, with equal activity in adding and trimming positions in recent quarters. This mixed signal from gurus reflects a cautious sentiment towards the stock, as some are looking to reduce their exposure while others are affirming their investment. Notably, there have been no insider transactions in the past 12 months, which may indicate a lack of confidence from management regarding the stock's near-term prospects or a strategic decision to hold their positions.

What This Means for InvestorsBased on the GF Value™ of $175.05 and the current trading price of $117.50, FUTU appears to be undervalued, presenting an opportunity for potential investors. However, the caveats of a possible value trap, coupled with mixed signals from guru activity and a weak momentum rank, suggest that investors should proceed with caution. For a detailed look at Futu Holdings Ltd FUTU, visit the Futu Holdings Ltd (FUTU) stock page.

Frequently Asked QuestionsWhat is FUTU's GF Score™?

FUTU has a GF Score™ of 80/100, indicating strong overall performance, particularly in profitability and growth.

Is FUTU overvalued or undervalued?

FUTU is currently undervalued according to the GF Value™, which estimates its fair value at $175.05 compared to the current price of $117.50.

What is FUTU's P/E ratio?

FUTU's P/E (TTM) ratio is 11.6x, which is significantly below its 5-year median P/E of 17.4x, affirming its undervalued status relative to historical norms.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Futu To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Futu between May 24, 2023 and May 27, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - August 25, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Futu Holdings Limited("Futu" or the "Company") (NASDAQ: FUTU) and reminds investors of the August 25, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On May 22, 2026, pre-market, Futu issued a press release allegedly disclosing that it had received a notification letter from the CSRC stating that "certain Futu entities in mainland China and Hong Kong . . . without obtaining the requisite licenses or approval, conducted securities business, public fund sales business and futures business in mainland China" and that the CSRC "proposes to order the Related Companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with the total proposed penalty amounting to approximately RMB1.85 billion (approximately USD271 million)." The Futu class action lawsuit further alleges that the regulatory authority "proposes to impose a personal fine of RMB1.25 million (approximately USD 183,575) on Mr. LI Hua, the founder and CEO of the Company." On this news, the price of Futu stock fell more than 27%, according to the complaint.

Then, on May 28, 2026, before the market opened, Futu issued a press release reporting financial results for the first quarter of 2026, allegedly including the proposed penalties comprised of "(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD] and (ii) imposition of fines of approximately RMB1.38 billion in an aggregate amount of approximately RMB1.85 billion." On this news, the price of Futu stock declined nearly 5%, according to the complaint.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Futu's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Futu Holdings Limited class action, go to www.faruqilaw.com/FUTU or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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Frequently Asked Questions (FAQ) for Investors Regarding the Futu Holdings Limited Securities Class Action Lawsuit:

What is the Futu Holdings Limited securities fraud lawsuit about?

The lawsuit alleges that Futu misled investors by failing to disclose it was conducting certain securities, public fund sales, and futures businesses in mainland China without required CSRC licenses or approvals. According to the complaint, this exposed the Company to significant regulatory penalties, overstated its financial results, and made its public statements about its business and prospects materially misleading.

Who may be eligible to participate in the lawsuit?

Investors who purchased or otherwise acquired Futu Holdings Limited (NASDAQ: FUTU) securities between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"), and suffered losses may be eligible to participate in the securities class action. Eligibility depends on the specific facts of each investor's transactions and losses.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff is the investor appointed by the court to represent the interests of all class members during the litigation. Generally, the investor with the largest financial interest who meets the legal requirements may be selected. Investors seeking appointment must file a motion with the court by the August 25, 2026 deadline through counsel of their choice.

What should investors do if they purchased Futu Holdings Limited stock during the Class Period?

Investors who purchased Futu securities during the Class Period should review their investment records, preserve relevant documents, and consider contacting counsel to understand their legal rights. Those interested in serving as lead plaintiff must act before the August 25, 2026 deadline, while investors who do not seek that role may still remain eligible to share in any potential recovery.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Futu Holdings Limited securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311206

Source: Faruqi & Faruqi LLP

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Futu Holdings Limited Sponsored ADR (FUTU - Free Report) closed the last trading session at $115.81, gaining 11.1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $153.53 indicates a 32.6% upside potential.

The average comprises 11 short-term price targets ranging from a low of $112.00 to a high of $200.00, with a standard deviation of $26.49. While the lowest estimate indicates a decline of 3.3% from the current price level, the most optimistic estimate points to a 72.7% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.

While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice.

However, an impressive consensus price target is not the only factor that indicates a potential upside in FUTU. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside.

Price, Consensus and EPS Surprise

Here's What You Should Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.

While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?

They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.

However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.

That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.

Why FUTU Could Witness a Solid UpsideThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For the current year, one estimate has moved higher over the last 30 days compared to no negative revision. As a result, the Zacks Consensus Estimate has increased 1.2%.

Moreover, FUTU currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Therefore, while the consensus price target may not be a reliable indicator of how much FUTU could gain, the direction of price movement it implies does appear to be a good guide.

New York, New York--(Newsfile Corp. - August 25, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Futu Holdings Limited ("Futu" or the "Company") (NASDAQ: FUTU) on behalf of investors that purchased or otherwise acquired Futu shares between May 24, 2023 and May 27, 2026 (the "Class Period").

CLICK HERE TO JOIN THE CASE

If you are an investor in Futu and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 25, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

According to the complaint, on May 22, 2026, before the market opened, Reuters published an article reporting that the China Securities Regulatory Commission ("CSRC"), along with seven other government agencies including the central bank, had launched a crackdown aimed at "brokers it accused of illegally moving money to foreign markets" including "overseas firms and their local partners operating without approval." The article allegedly reported that online brokers including Futu "would be penalised for soliciting business in China without an onshore licence, the securities regulator said."

Also on May 22, 2026, Futu disclosed in a press release that it had received a Notification Letter from the CSRC. The Company reported the letter states "certain Futu entities in mainland China and Hong Kong (the "Related Companies") without obtaining the requisite licenses or approval, conducted securities business, public fund sales business and futures business in mainland China." The press release further states that the CSRC "proposes to order the Related Companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with the total proposed penalty amounting to approximately RMB1.85 billion (approximately USD271 million)."

On May 22, 2026, the price of Futu shares fell $34.10 per share, or 27.5%, to close at $89.76 per share.

Then, on May 28, 2026, before the market opened, Futu announced in a press releasee financial results for the first quarter of 2026. According to the complaint, the Company reported net income of HK$831.0 million (US$106.0 million) after giving effect to the proposed penalties comprised of: "(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD], and (ii) imposition of fines of approximately RMB1.38 billion, [approximately $20 billion USD] in an aggregate amount of approximately RMB1.85 billion."

On May 28, 2026, the price of Futu shares fell $5.31 per share, or 4.8%, to close at $104.91 per share.

The complaint alleges, among other things, that throughout the Class Period, Defendants failed to disclose to investors that (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; and (3) as a result of the foregoing, Futu's financial results were overstated.

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/futu-holdings-limited-class-action-alert-learn-more-now/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311157

Source: Kaplan Fox & Kilsheimer LLP

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New York, New York--(Newsfile Corp. - August 25, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"), of the important August 25, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the "CSRC"), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, defendants' positive statements about Futu's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311062

Source: The Rosen Law Firm PA

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(From left) Carlee Snyder, Head of Communications of Moomoo U.S., Sum Huang, CEO of SMK, Ricki Lasky, LPGA Chief Tour Business and Operations Officer, Ruoning Yin, Craig Kessler, LPGA Commissioner, Patty Tavatanakit, Neil McDonald, CEO of Moomoo U.S., and Casey Ceman, LPGA Vice President of Tournament Business Affairs

JERSEY CITY, N.J., Aug. 27, 2026 (GLOBE NEWSWIRE) -- Moomoo, a leading global investment and trading platform, today announced a new multi-year partnership with the Ladies Professional Golf Association (“LPGA”), to launch the Futu Ladies World Championship Presented by moomoo, a new women’s professional golf tournament set to debut in Hong Kong on March 4–7, 2027.

As part of the multi-year partnership, moomoo will serve as presenting sponsor of the Futu Ladies World Championship, to be held annually from 2027 through 2029 at The Clearwater Bay Golf & Country Club. The inaugural edition of this premier event will bring 78 of the world’s leading professional golfers to Hong Kong to compete for a $3.4 million purse, the highest prize money for an LPGA tournament in Asia, and set a new benchmark for women’s professional golf across the region.

"Moomoo's partnership with the LPGA is meaningful because we're bringing an exciting tournament with global stars to an elite destination venue, but more than that, it's about investing in women's sports and the incredible athletes who deserve this kind of platform," said Neil McDonald, CEO of moomoo U.S. "These players are world-class, and we're proud to join the LPGA in creating a global stage that matches their talent. This is about championing women's golf and helping grow the sport for the next generation."

The partnership brings together global communities united by a commitment to strategy and growth. Much like the world’s leading golfers analyze conditions, refine their strategies and make precise decisions on the course, investors navigate changing markets by leveraging information, technology and insights to make more informed decisions. Through its technology-driven platform, moomoo aims to empower investors with the tools, data and education to continually learn, adapt and make more informed investment decisions.

With more than 30 million users worldwide, moomoo continues to expand its global presence while finding new ways to connect with the communities it serves. The partnership marks a significant expansion of moomoo’s presence in major sports, building on the company’s strategy of engaging investors and fans through partnerships centered on shared values of preparation, strategy and long-term performance.

“Our fans across Asia have always been some of the most passionate in the world, and going to strong markets that match that energy matters to us—we couldn't be more excited to bring the Tour to Hong Kong,” said LPGA Commissioner Craig Kessler. “This event checks every box we look for: a championship-calibre course, a market ready for the Tour, a perfect fit within our spring Asia swing, and partners who share our vision. We're very thankful for Futu and moomoo, whose support made it possible to host an LPGA Tour event at a venue like The Clearwater Bay Golf & Country Club, with a $3.4 million purse—the largest of any LPGA Tour event in Asia.”

Additional details regarding the Futu Ladies World Championship, including competing players, fan experiences, and programming, will be announced in early 2027.

About Moomoo

Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make well-informed investment decisions. With advanced charting tools, pro-level analytical features, moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.

Founded in the US, moomoo has expanded its global presence to serve investors across multiple markets, including Singapore, Australia, Japan, Canada, Malaysia, and New Zealand. As a subsidiary of a Nasdaq-listed company, moomoo is trusted by more than 30 million investors worldwide and has earned recognition from leading financial institutions and publications for its innovation and reliability, including being recognized as the #1 Broker for Stocks in North America in 2024 and 2025 by TradingView.

For more information, please visit moomoo's official website at www.moomoo.com or www.moomoo.com/ca

Accolades are not indicative of future performance. Moomoo Financial Inc. is not affiliated with TradingView. For more information, please visit:

https://www.tradingview.com/blog/en/revealing-broker-awards-winners-2024-50143/

https://www.tradingview.com/blog/en/broker-awards-2025-winners-56493/

About LPGA

The Ladies Professional Golf Association (LPGA) is the world's premier women's professional golf organization. Created in 1950 by 13 pioneering female Founders, the LPGA, whose members now represent nearly 40 countries, is the longest- standing professional women's sports organization. Through the LPGA Tour, the Epson Tour, the LPGA Professionals, and a joint venture with the Ladies European Tour, the LPGA provides female professionals the opportunity to pursue their dreams in the game of golf at the highest level. In addition to its professional tours and teaching accreditation programs, the LPGA features a fully integrated Foundation, which provides best-in-class programming for female golfers through its junior golf programming, and its LPGA Amateurs division, which offers its members playing and learning opportunities around the world. The LPGA aims to use its unique platform to inspire, transform and advance opportunities for girls and women, on and off the golf course. Follow the LPGA online at www.LPGA.com and download its mobile apps on Apple or Google Play. Join the social conversation on Facebook, X (formerly known as Twitter), Instagram and YouTube.

Media Contact:
moomoo
Carlee Snyder
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a1ede232-c498-46f4-9956-9a4d4dc56659

New York, New York--(Newsfile Corp. - August 24, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"), of the important August 25, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the "CSRC"), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, defendants' positive statements about Futu's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311061

Source: The Rosen Law Firm PA

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, /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"), of the important August 25, 2026 lead plaintiff deadline.

So what: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the "CSRC"), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, defendants' positive statements about Futu's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages. 

To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
     Laurence Rosen, Esq.
     Phillip Kim, Esq.
     The Rosen Law Firm, P.A.
     275 Madison Avenue, 40th Floor
     New York, NY 10016
     Tel: (212) 686-1060
     Toll Free: (866) 767-3653
     Fax: (212) 202-3827
     [email protected]
     www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

New York, New York--(Newsfile Corp. - August 24, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Futu Holdings Limited ("Futu" or the "Company") (NASDAQ: FUTU) on behalf of investors that purchased or otherwise acquired Futu shares between May 24, 2023 and May 27, 2026 (the "Class Period").

CLICK HERE TO JOIN THE CASE

If you are an investor in Futu and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 25, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

According to the complaint, on May 22, 2026, before the market opened, Reuters published an article reporting that the China Securities Regulatory Commission ("CSRC"), along with seven other government agencies including the central bank, had launched a crackdown aimed at "brokers it accused of illegally moving money to foreign markets" including "overseas firms and their local partners operating without approval." The article allegedly reported that online brokers including Futu "would be penalised for soliciting business in China without an onshore licence, the securities regulator said."

Also on May 22, 2026, Futu disclosed in a press release that it had received a Notification Letter from the CSRC. The Company reported the letter states "certain Futu entities in mainland China and Hong Kong (the "Related Companies") without obtaining the requisite licenses or approval, conducted securities business, public fund sales business and futures business in mainland China." The press release further states that the CSRC "proposes to order the Related Companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with the total proposed penalty amounting to approximately RMB1.85 billion (approximately USD271 million)."

On May 22, 2026, the price of Futu shares fell $34.10 per share, or 27.5%, to close at $89.76 per share.

Then, on May 28, 2026, before the market opened, Futu announced in a press releasee financial results for the first quarter of 2026. According to the complaint, the Company reported net income of HK$831.0 million (US$106.0 million) after giving effect to the proposed penalties comprised of: "(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD], and (ii) imposition of fines of approximately RMB1.38 billion, [approximately $20 billion USD] in an aggregate amount of approximately RMB1.85 billion."

On May 28, 2026, the price of Futu shares fell $5.31 per share, or 4.8%, to close at $104.91 per share.

The complaint alleges, among other things, that throughout the Class Period, Defendants failed to disclose to investors that (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; and (3) as a result of the foregoing, Futu's financial results were overstated.

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America-the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act-$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/futu-holdings-limited-class-action-alert-learn-more-now/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311087

Source: Kaplan Fox & Kilsheimer LLP

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NEW YORK, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP highlights the contrast between Futu Holdings Limited's (NASDAQ: FUTU) public assurances and what allegedly happened behind the scenes. Investors who purchased FUTU securities between May 24, 2023 and May 27, 2026 and suffered losses may be entitled to compensation. Find out if you can recover your investment losses or contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.

FUTU shares lost $34.10 per share on May 22, 2026, a 27.5% single-session decline, after regulators proposed penalties of approximately USD 271 million. The lead plaintiff deadline is August 25, 2026.

The Promise: Compliance Through Rectification

Beginning in 2023, Futu repeatedly told the investing public that it was cooperating with the China Securities Regulatory Commission. In its FY2023 annual report filed with the SEC, the Company stated it had "taken and may continue to take rectification measures on our business based on the requirements from the CSRC." The Company pointed to the removal of its Futubull app from mainland Chinese app stores as evidence of its compliance efforts. Across multiple SEC filings through 2025, Futu used nearly identical language, creating the impression that regulatory risk was being actively managed and reduced.

The Reality: Continued Unlicensed Operations

The CSRC's May 2026 Notification Letter told a different story, the lawsuit contends. According to the action, Futu entities in mainland China and Hong Kong had continued to conduct securities business, public fund sales, and futures business without obtaining the requisite licenses or approval. The rectification measures Futu publicly touted allegedly did not stop the unlicensed activity that regulators had flagged years earlier.

The Numbers: Promised vs. Actual

The Promise: "We have taken rectification measures … based on the requirements from the CSRC" (FY2023 and FY2024 20-F filings)The Reality: CSRC proposed confiscation of RMB 470 million in illegal gains, confirming alleged continued unlicensed operationsThe Promise: Risk factor language framing penalties as speculative possibilities that "could" or "may" occurThe Reality: RMB 1.85 billion aggregate penalty proposed, approximately USD 271 millionThe Promise: Quarterly earnings releases touting paying client growth from 1.5 million to over 3.3 million (funded accounts) and client assets surging past HK$900 billionThe Reality: Revenue generated from mainland Chinese investors was allegedly derived from unlicensed activity, rendering reported financial growth figures materially misleading Speak with an attorney about whether you can recover damages or call (212) 363-7500.

What the Lawsuit Alleges About the Gap

The complaint asserts that Futu's public statements created a false narrative of regulatory cooperation while the Company continued the precise conduct the CSRC had warned against. Quarter after quarter, Futu reported surging client numbers, expanding trading volumes, and rising revenues without disclosing that a material portion of this growth allegedly stemmed from business conducted in violation of Chinese securities regulations.

The gap between what investors were told and what was allegedly occurring is at the core of this securities action. When the CSRC finally proposed its penalty in May 2026, investors absorbed losses of more than $34 per share in a single trading session, followed by an additional $5.31 per share decline days later when Q1 2026 earnings reflected the penalty's financial impact.

"Companies that make specific promises to investors about future performance have an obligation to disclose known risks to those projections. The contrast between Futu's repeated assurances of regulatory cooperation and the scale of the proposed penalty raises serious questions about the adequacy of the Company's disclosures throughout the Class Period." -- Joseph E. Levi, Esq.

Join the FUTU recovery action to pursue your per-share losses or contact Joseph E. Levi, Esq. at (212) 363-7500.

ABOUT LEVI & KORSINSKY, LLP — Over the past 20 years, Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report. Investors who suffered losses have until August 25, 2026 to seek appointment as lead plaintiff. Attorney Advertising. Prior results do not guarantee similar outcomes.

Frequently Asked Questions About the FUTU Lawsuit

Q: What specific misstatements does the FUTU lawsuit allege? A: The complaint alleges Futu Holdings made materially false or misleading statements regarding its compliance with CSRC regulatory requirements and the adequacy of its rectification measures during the Class Period. When the true state of affairs was revealed through the CSRC's proposed RMB 1.85 billion penalty, the stock price declined sharply.

Q: How much did FUTU stock drop? A: Shares fell approximately 27.5%, a decline of $34.10 per share, after the Company disclosed receipt of a CSRC Notification Letter proposing penalties of approximately USD 271 million. Shares dropped an additional 4.8% ($5.31 per share) days later when Q1 2026 earnings reflected the penalty.

Q: What if I already sold my FUTU shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the Class Period and sold at a loss may still participate.

Q: What do FUTU investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as a class member.

Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.

Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery.

Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.

Q: When did Futu Holdings allegedly mislead investors? A: The Class Period runs from May 24, 2023 to May 27, 2026. The alleged fraud was revealed through corrective disclosures on May 22, 2026 and May 28, 2026, causing significant stock declines on both dates.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171

NEW YORK, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Futu Holdings Limited (“Futu” or the “Company”) (NASDAQ: FUTU) on behalf of investors that purchased or otherwise acquired Futu shares between May 24, 2023 and May 27, 2026 (the “Class Period”).

CLICK HERE TO JOIN THE CASE

If you are an investor in Futu and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 25, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

According to the complaint, on May 22, 2026, before the market opened, Reuters published an article reporting that the China Securities Regulatory Commission (“CSRC”), along with seven other government agencies including the central bank, had launched a crackdown aimed at “brokers it accused of illegally moving money to foreign markets” including “overseas firms and their local partners operating without approval.” The article allegedly reported that online brokers including Futu “would be penalised for soliciting business in China without an onshore licence, the securities regulator said.”

Also on May 22, 2026, Futu disclosed in a press release that it had received a Notification Letter from the CSRC. The Company reported the letter states “certain Futu entities in mainland China and Hong Kong (the “Related Companies”) without obtaining the requisite licenses or approval, conducted securities business, public fund sales business and futures business in mainland China.” The press release further states that the CSRC “proposes to order the Related Companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with the total proposed penalty amounting to approximately RMB1.85 billion (approximately USD271 million).”

On May 22, 2026, the price of Futu shares fell $34.10 per share, or 27.5%, to close at $89.76 per share.

Then, on May 28, 2026, before the market opened, Futu announced in a press releasee financial results for the first quarter of 2026. According to the complaint, the Company reported net income of HK$831.0 million (US$106.0 million) after giving effect to the proposed penalties comprised of: “(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD], and (ii) imposition of fines of approximately RMB1.38 billion, [approximately $20 billion USD] in an aggregate amount of approximately RMB1.85 billion.”

On May 28, 2026, the price of Futu shares fell $5.31 per share, or 4.8%, to close at $104.91 per share.

The complaint alleges, among other things, that throughout the Class Period, Defendants failed to disclose to investors that (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; and (3) as a result of the foregoing, Futu’s financial results were overstated.

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

CONTACT:
Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003
[email protected]

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1501
Oakland, California 94612
(415) 772-4704
[email protected]

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/futu-holdings-limited-class-action-alert-learn-more-now/

, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Futu Holdings Limited ("Futu" or "the Company") (NASDAQ: FUTU) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of FUTU during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: May 24, 2023 to May 27, 2026

DEADLINE: August 25, 2026

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Futu operated in China without licensing and approval from the China Securities Regulatory Commission ("CSRC"), putting it at risk of regulatory action in the country. Based on these facts, Futus public statements were false and materially misleading throughout the class period.

If you are a shareholder who suffered a loss, contact us to participate.

WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. As one of the founding partners of Schall Brown & Schwartz LLP (schallfirm.com), David Schwartz specializes in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.

Join the case to recover your losses.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

David J. Schwartz

DJS Law Group

274 White Plains Road, Suite 1

 Eastchester, NY 10709

Phone: 914-206-9742

Email: [email protected]

SOURCE DJS Law Group LLP

New York, New York--(Newsfile Corp. - August 23, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"), of the important August 25, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the "CSRC"), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, defendants' positive statements about Futu's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310965

Source: The Rosen Law Firm PA

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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Futu To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Futu between May 24, 2023 and May 27, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - August 23, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Futu Holdings Limited("Futu" or the "Company") (NASDAQ: FUTU) and reminds investors of the August 25, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On May 22, 2026, pre-market, Futu issued a press release allegedly disclosing that it had received a notification letter from the CSRC stating that "certain Futu entities in mainland China and Hong Kong . . . without obtaining the requisite licenses or approval, conducted securities business, public fund sales business and futures business in mainland China" and that the CSRC "proposes to order the Related Companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with the total proposed penalty amounting to approximately RMB1.85 billion (approximately USD271 million)." The Futu class action lawsuit further alleges that the regulatory authority "proposes to impose a personal fine of RMB1.25 million (approximately USD 183,575) on Mr. LI Hua, the founder and CEO of the Company." On this news, the price of Futu stock fell more than 27%, according to the complaint.

Then, on May 28, 2026, before the market opened, Futu issued a press release reporting financial results for the first quarter of 2026, allegedly including the proposed penalties comprised of "(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD] and (ii) imposition of fines of approximately RMB1.38 billion in an aggregate amount of approximately RMB1.85 billion." On this news, the price of Futu stock declined nearly 5%, according to the complaint.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Futu's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Futu Holdings Limited class action, go to www.faruqilaw.com/FUTU or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the Futu Holdings Limited Securities Class Action Lawsuit:

What is the Futu Holdings Limited securities fraud lawsuit about?

The lawsuit alleges that Futu misled investors by failing to disclose it was conducting certain securities, public fund sales, and futures businesses in mainland China without required CSRC licenses or approvals. According to the complaint, this exposed the Company to significant regulatory penalties, overstated its financial results, and made its public statements about its business and prospects materially misleading.

Who may be eligible to participate in the lawsuit?

Investors who purchased or otherwise acquired Futu Holdings Limited (NASDAQ: FUTU) securities between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"), and suffered losses may be eligible to participate in the securities class action. Eligibility depends on the specific facts of each investor's transactions and losses.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff is the investor appointed by the court to represent the interests of all class members during the litigation. Generally, the investor with the largest financial interest who meets the legal requirements may be selected. Investors seeking appointment must file a motion with the court by the August 25, 2026 deadline through counsel of their choice.

What should investors do if they purchased Futu Holdings Limited stock during the Class Period?

Investors who purchased Futu securities during the Class Period should review their investment records, preserve relevant documents, and consider contacting counsel to understand their legal rights. Those interested in serving as lead plaintiff must act before the August 25, 2026 deadline, while investors who do not seek that role may still remain eligible to share in any potential recovery.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Futu Holdings Limited securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310840

Source: Faruqi & Faruqi LLP

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Futu Holdings Limited Sponsored ADR (NASDAQ:FUTU – Get Free Report)’s share price rose 8.4% during mid-day trading on Friday following a better than expected earnings announcement. The company traded as high as $122.46 and last traded at $122.21. Approximately 1,505,828 shares traded hands during mid-day trading, a decline of 35% from the average daily volume of 2,302,385 shares. The stock had previously closed at $112.73.

The company reported $3.33 EPS for the quarter, topping the consensus estimate of $2.98 by $0.35. The firm had revenue of $852.66 million during the quarter, compared to the consensus estimate of $786.07 million. Futu had a return on equity of 28.10% and a net margin of 42.95%.

Trending Headlines about Futu Here are the key news stories impacting Futu this week:

Positive Sentiment: Strong earnings beat: Futu reported quarterly earnings of $3.33 per share, above the $2.98 consensus estimate, while revenue of $852.66 million exceeded expectations of $786.07 million. The results were supported by record trading activity, and reports indicated quarterly profit rose 42%. Futu Announces Second Quarter 2026 Unaudited Financial Results Positive Sentiment: Healthy profitability and operating momentum: Futu reported a 41.87% net margin and 26.48% return on equity. The earnings beat and strong trading-volume growth appear to be the primary reasons investor sentiment improved. Neutral Sentiment: Trading reaction: Futu’s stock added roughly $800 million in market value during the session as investors responded to the results, but the shares remain below their 200-day moving average and well under their 52-week high, indicating continued volatility. Futu Holdings Surges, Adding Market Value Negative Sentiment: Legal risk remains prominent: Multiple law firms reminded investors of an August 25 deadline to seek lead-plaintiff status in a securities class action covering purchases from May 24, 2023, through May 27, 2026. The complaints allege undisclosed regulatory-compliance failures and misleading disclosures related to Chinese regulatory issues, including an alleged RMB1.85 billion penalty. These are allegations, not established findings, but they could create litigation costs, reputational damage and uncertainty over future operations. Futu Securities Fraud Lawsuit Deadline Alert Analyst Upgrades and Downgrades Several equities analysts recently commented on the stock. Wall Street Zen raised shares of Futu from a “sell” rating to a “hold” rating in a research note on Saturday. Jefferies Financial Group reaffirmed a “buy” rating and set a $170.50 target price on shares of Futu in a research note on Thursday, May 28th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $87.00 target price (down from $300.00) on shares of Futu in a research note on Friday, May 22nd. The Goldman Sachs Group downgraded shares of Futu from a “buy” rating to a “neutral” rating and set a $102.13 price target for the company. in a report on Monday, May 25th. Finally, Zacks Research upgraded Futu from a “strong sell” rating to a “hold” rating in a research note on Monday, July 27th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $139.91. Check Out Our Latest Report on Futu

Hedge Funds Weigh In On Futu Several large investors have recently modified their holdings of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Futu by 805.2% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,126,633 shares of the company’s stock worth $195,933,000 after purchasing an additional 1,002,171 shares during the last quarter. Aspex Management HK Ltd raised its position in Futu by 37.5% during the 4th quarter. Aspex Management HK Ltd now owns 3,371,597 shares of the company’s stock worth $553,650,000 after purchasing an additional 919,724 shares during the last quarter. Assenagon Asset Management S.A. acquired a new position in Futu during the 2nd quarter worth about $61,574,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Futu by 25,558,100.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 511,164 shares of the company’s stock valued at $83,938,000 after buying an additional 511,162 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its position in shares of Futu by 166.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 455,266 shares of the company’s stock valued at $56,266,000 after buying an additional 284,387 shares during the last quarter.

Futu Stock Up 9.7% The company has a market cap of $17.33 billion, a price-to-earnings ratio of 12.24, a PEG ratio of 1.31 and a beta of 0.43. The firm has a 50 day moving average price of $101.61 and a two-hundred day moving average price of $126.21.

About Futu (Get Free Report)

Futu Holdings Ltd. is a technology-driven brokerage and wealth management company that provides online brokerage services, market data, and investment tools to retail and institutional clients. Headquartered in Hong Kong and listed on the NASDAQ under the ticker FUTU, the company operates digital trading platforms that combine order execution, real-time quotes, news, and research tools to serve active investors and wealth management customers.

The firm’s product suite includes brokerage access to equities, exchange-traded funds and derivatives across major markets, margin financing, initial public offering (IPO) subscription services, wealth management products and discretionary investment solutions.

Recommended Stories Five stocks we like better than Futu Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates? Receive News & Ratings for Futu Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Futu and related companies with MarketBeat.com's FREE daily email newsletter.

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 25, 2026 to file lead plaintiff applications in a securities class action lawsuit against Futu Holdings Limited ("Futu" or the "Company") (NasdaqGM: FUTU), if they purchased or otherwise acquired the Company's securities between May 24, 2023 and May 27, 2026, inclusive (the “Class Period”). This.

LOS ANGELES, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming August 25, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Futu Holdings Limited ("Futu" or the "Company") (NASDAQ: FUTU) securities between May 24, 2023 and May 27, 2026 inclusive (the “Class Period”).

IF YOU SUFFERED A LOSS ON YOUR FUTU HOLDINGS INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS.

What Happened?
On December 30, 2022, the China Securities Regulatory Commission (“CSRC”) issued a statement that Futu has conducted cross-border securities businesses with domestic investors in mainland China without regulatory consent. As a result, Futu was banned from opening new accounts from mainland Chinese investors and soliciting new business from mainland investors.

Then, on May 22, 2026, before the market opened, Reuters published an article reporting that the CSRC, along with seven other government agencies including the central bank, had launched a crackdown aimed at “brokers it accused of illegally moving money to foreign markets” including “overseas firms and their local partners operating without approval.” The article reported “online brokers Tiger, Futu and Longbridge would be penalised for soliciting business in China without an onshore licence, the securities regulator said.”

On the same date, pre-market, Futu issued a press release disclosing that it had received a Notification Letter from the CSRC. The Company reported the letter states “certain Futu entities in mainland China and Hong Kong … without obtaining the requisite licenses or approval, conducted securities business, public fund sales business and futures business in mainland China.” The letter further states the CSRC “proposes to order the Related Companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with the total proposed penalty amounting to approximately RMB1.85 billion (approximately USD271 million).” Further, the regulatory authority “proposes to impose a personal fine of RMB1.25 million (approximately USD 183,575) on Mr. LI Hua, the founder and CEO of the Company.”

On this news, Futu’s stock price fell $34.10, or 27.5%, to close at $89.76 per share on May 22, 2026, on unusually heavy trading volume.  

Then, on May 28, 2026,  before the market opened, Futu issued a press release reporting financial results for the first quarter 2026, including net income of HK$831.0 million (US$106.0 million) after giving effect to the proposed penalties comprised of: “(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD], and (ii) imposition of fines of approximately RMB1.38 billion, [approximately $205.26 million USD] in an aggregate amount of approximately RMB1.85 billion.” The press release reported this adjustment under the Company’s financial statements as “Others, net” in its statements of comprehensive income for the applicable period.

On this news, Futu’s stock price fell $5.31, or 4.8%, to close at $104.91 on May 28, 2026, on unusually heavy trading volume.

What Is The Lawsuit About?
The complaint filed alleges that, between May 24, 2023 and May 27, 2026, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

If you purchased or otherwise acquired Futu Holdings Limited securities between May 24, 2023 and May 27, 2026, you may move the Court no later than August 25, 2026 to request appointment as lead plaintiff in this putative class action lawsuit.

Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150,
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.

If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Charles Linehan
Email: [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses in Futu to Contact Him Directly to Discuss Their Options

, /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors of the August 25, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against Futu Holdings Limited ("Futu" or the "Company") (NASDAQ: FUTU).

[You may also click here for additional information]

James (Josh) Wilson, Faruqi & Faruqi Senior Partner WHY: Faruqi & Faruqi, LLP, a leading national securities law firm, informs investors of the federal securities class action on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Futu securities between May 24, 2023 and May 27, 2026, inclusive (the "Class Period").

WHAT TO DO NEXT: To learn more about the Futu class action, go to www.faruqilaw.com/FUTU or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). A class action lawsuit has already been filed.

If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

THE ALLEGATIONS:

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Futu's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Frequently Asked Questions (FAQ) for Investors Regarding the Futu Securities Class Action Lawsuit

Who may be eligible to participate in the lawsuit?

Investors who purchased or acquired Futu (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

How much did Futu stock drop?

Following the alleged corrective disclosures, Futu shares fell approximately 27% on May 22, 2026, as described in the complaint.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Futu Holdings Limited securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Follow us for updates on LinkedIn, on X, or on Facebook.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

SOURCE Faruqi & Faruqi, LLP

New York, New York--(Newsfile Corp. - August 21, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Futu Holdings Limited  (NASDAQ: FUTU) ("Futu" or the "Company") on behalf of investors that purchased or otherwise acquired Futu shares between May 24, 2023 and May 27, 2026 (the "Class Period").

CLICK HERE TO JOIN THE CASE

If you are an investor in Futu and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 25, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

According to the complaint, on May 22, 2026, before the market opened, Reuters published an article reporting that the China Securities Regulatory Commission ("CSRC"), along with seven other government agencies including the central bank, had launched a crackdown aimed at "brokers it accused of illegally moving money to foreign markets" including "overseas firms and their local partners operating without approval." The article allegedly reported that online brokers including Futu "would be penalised for soliciting business in China without an onshore licence, the securities regulator said."

Also on May 22, 2026, Futu disclosed in a press release that it had received a Notification Letter from the CSRC. The Company reported the letter states "certain Futu entities in mainland China and Hong Kong (the "Related Companies") without obtaining the requisite licenses or approval, conducted securities business, public fund sales business and futures business in mainland China." The press release further states that the CSRC "proposes to order the Related Companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with the total proposed penalty amounting to approximately RMB1.85 billion (approximately USD271 million)."

On May 22, 2026, the price of Futu shares fell $34.10 per share, or 27.5%, to close at $89.76 per share.

Then, on May 28, 2026, before the market opened, Futu announced in a press releasee financial results for the first quarter of 2026. According to the complaint, the Company reported net income of HK$831.0 million (US$106.0 million) after giving effect to the proposed penalties comprised of: "(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD], and (ii) imposition of fines of approximately RMB1.38 billion, [approximately $20 billion USD] in an aggregate amount of approximately RMB1.85 billion."

On May 28, 2026, the price of Futu shares fell $5.31 per share, or 4.8%, to close at $104.91 per share.

The complaint alleges, among other things, that throughout the Class Period, Defendants failed to disclose to investors that (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; and (3) as a result of the foregoing, Futu's financial results were overstated.

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America-the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act-$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/futu-holdings-limited-class-action-alert-learn-more-now/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310710

Source: Kaplan Fox & Kilsheimer LLP

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Futu Holdings Limited Investor Alert: Contact SBS by August 25, 2026 for Opportunity to Lead Securities Fraud Lawsuit PR Newswire

, /PRNewswire/ -- Schall Brown & Schwartz LLP, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Futu Holdings Limited ("Futu" or "the Company") (NASDAQ: FUTU) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

If you purchased Futu Holdings Limited securities you may be entitled to compensation without payment of any out-of-pocket fees or costs. Shareholders who purchased shares of FUTU during the class period listed are encouraged to contact SBS to find out if they are eligible to recover their losses or lead this lawsuit. Appointment as lead plaintiff is not required to partake in any recovery. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

CLASS PERIOD: May 24, 2023 to May 27, 2026

DEADLINE: August 25, 2026

If you are a shareholder who suffered a loss, click here to participate.

Details of the Case: According to the Complaint, the Company made false and misleading statements to the market. Futu failed to maintain compliance with the China Securities Regulatory Commission ("CSRC"). The Company was likely to face regulatory action in China due to its failure to comply with CSRC regulations. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Futu, investors suffered damages.

We encourage investors to contact Brian Schall and David Schwartz of Schall Brown & Schwartz, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

Join the case to recover your losses

Why SBS: Schall Brown & Schwartz represents investors around the world, specializing in securities class action lawsuits and shareholder rights litigation. SBS brings together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz. SBS attorneys and their co-counsel are responsible for recovering over a billion dollars for violations of securities laws and corporate misfeasance.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:
Schall Brown & Schwartz LLP
Brian Schall, Esq.,
Andrew Brown, Esq.,
David Schwartz, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE Schall, Brown & Schwartz LLP

Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Futu (FUTU) To Contact Him Directly To Discuss Their Options

If you purchased or acquired Futu securities between May 24, 2023 and May 27, 2026 and would like to discuss your legal rights, contact Bragar Eagel & Squire partners Brandon Walker or Melissa Fortunato by email at [email protected] or by telephone at (212) 355-4648.

Click here to participate in the action.

NEW YORK, Aug. 20, 2026 (GLOBE NEWSWIRE) --

What’s Happening?

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Futu Holdings Limited (“Futu” or the “Company”) (NASDAQ:FUTU) in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased or otherwise acquired Futu securities between May 24, 2023 and May 27, 2026, both dates inclusive (the “Class Period”).Investors have until August 25, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit. What are the Allegation Details?

The lawsuit alleges that Defendants made false and misleading statements and/or failed to disclose material adverse facts regarding Futu’s business, operations, and prospects, including allegations that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission, including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; and (3) as a result of the foregoing, Futu’s financial results were overstated.
What are my Next Steps?

If you purchased or otherwise acquired Futu shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com.  Attorney advertising.  Prior results do not guarantee similar outcomes.

Follow us for updates on LinkedIn and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn.

Contact Information:

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
[email protected]
www.bespc.com

New York, New York--(Newsfile Corp. - August 20, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"), of the important August 25, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the "CSRC"), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, defendants' positive statements about Futu's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310620

Source: The Rosen Law Firm PA

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NEW YORK, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Futu Holdings Limited (NASDAQ: FUTU) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Futu securities between May 24, 2023 and May 27, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/FUTU.

Futu Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:

Futu was not in compliance with the requirements of the China Securities Regulatory Commission (“CSRC”), including because Futu continued to conduct securities business, public fund sales business, and futures business in mainland China without obtaining the requisite licenses or approval;as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; andas a result of the foregoing, Futu’s financial results were overstated; andas a result of the foregoing, defendants’ positive statements about Futu’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. What's Next for Futu Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/FUTU. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Futu you have until August 25, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Futu Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Futu Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

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Contact Info

Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]

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Prior results do not guarantee similar outcomes.

Hong Kong Financial Firm Futu Surges 33.12% Amid Stimulus HintsFutu NASDAQ: FUTU reported higher second-quarter revenue and profit as trading activity, client assets and funded accounts increased, supported by strong U.S. equity interest, Hong Kong IPO activity and growth across overseas markets.

Total revenue for the second quarter rose 36% year over year to HK$7.2 billion, while net income increased 42% to HK$3.6 billion. Net income margin expanded to 50.6% from 48.4% a year earlier. Income from operations grew 34% to HK$4.5 billion, with an operating margin of 62%, largely unchanged from the prior-year quarter.

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Client Growth and Trading Activity Futu Holdings NASDAQ: FUTU Stock: Is the Chinese Fintech Company a Buy?Futu added 252,000 net new funded accounts during the quarter, up 23.7% from a year earlier and 12.2% sequentially. Total funded accounts reached about 3.84 million, an increase of 33.6% year over year and 7% from the first quarter.

Chairman and Chief Executive Officer Leaf Li said client acquisition accelerated in Hong Kong, aided by a strong local initial public offering pipeline and U.S. equity performance. Singapore registered users surpassed 2 million, while Malaysia delivered a record quarter for client acquisition and led all markets in net new funded accounts for the third consecutive quarter.

Futu said Moomoo’s U.S. prediction markets product also contributed to new client acquisition and platform engagement. Total client assets reached HK$1.4 trillion at quarter-end, up 43.6% year over year and 14.5% sequentially, largely reflecting higher market values for client stock holdings and, to a lesser extent, net asset inflows.

Trading volume rose 78.8% year over year and 54.6% quarter over quarter to a record HK$6.42 trillion. U.S. stock trading volume climbed 67.2% sequentially to HK$5.02 trillion, driven by interest in artificial-intelligence-related stocks. Hong Kong stock trading volume increased 15.9% to HK$1.17 trillion, with activity concentrated in semiconductor, China internet and newly listed companies.

Period-end margin financing and securities lending balances increased 31% sequentially to HK$95.1 billion. The company attributed the increase to an active Hong Kong IPO market and broader positive market sentiment.

Revenue Growth and Expenses Brokerage commission and handling-charge income increased 30% year over year and 27% sequentially to HK$3.4 billion. Chief Financial Officer Arthur Chen said trading volume increased on both comparisons, though the blended commission rate declined as activity shifted toward higher-priced U.S. stocks and options.

Chen said the company made no pricing changes during the quarter. Instead, the lower take rate reflected client trading behavior, including a modest decline in derivatives’ contribution and greater trading of high-priced U.S. technology and AI-related stocks and larger options contracts.

Interest income rose 37% year over year to HK$3.1 billion, driven by margin financing, bank deposits and secured lending. Other income climbed 61% to HK$718 million, primarily because of higher foreign-exchange income and IPO financing service income.

Total costs increased 47% to HK$985 million. Operating expenses rose 35% to HK$1.8 billion, including a 53% increase in selling and marketing expense to HK$657 million as the company added funded accounts. Research and development expense rose 13% to HK$501 million, which Chen said reflected investments in initiatives including AI and Web3.

Gross profit increased 34% to HK$6.2 billion, while gross margin declined to 86.3% from 87.4% a year earlier.

Regulation and Overseas Expansion Management said it promptly implemented compliance measures following new regulations issued May 22 and remained in communication with regulators. Cumulative client asset outflows since the regulations amounted to a mid-single-digit percentage of total client assets, according to the company.

The outflows came from both mainland China and Hong Kong client bases in roughly equal measure. Management said mainland outflows were primarily compliance-related adjustments, while Hong Kong outflows were concentrated shortly after the announcement amid risk-off sentiment. It added that most mainland client outflows occurred in June and July, while client attrition began moderating in August.

Hong Kong client retention remained above 98% in the second quarter, and retention in overseas markets was stable sequentially, the company said. Management said it would continue directing resources and growth efforts toward international operations.

Average revenue per new funded account increased sequentially across multiple overseas markets. Chen said new-client average revenue grew by double digits in the U.S., Singapore and Hong Kong. Malaysia, Australia, New Zealand and Canada each posted double-digit sequential growth in funded accounts, while average client assets increased across every overseas market where Futu operates.

Malaysia and Hong Kong together accounted for more than half of second-quarter net new funded accounts, with Singapore the next-largest contributor. By the end of the quarter, Moomoo accounted for nearly 60% of total funded accounts, led by Singapore, Malaysia and the U.S., Chen said.

Singapore has been profitable for several years, with both absolute profit and margin continuing to improve, management said. Malaysia reached operating break-even during the second quarter for the first time.

New Products and Third-Quarter Trends In June, Futu Securities became the first and, according to management, only Hong Kong broker to offer securities-backed margin financing for virtual assets under an upgraded Type 1 license approval from the Securities and Futures Commission. The company is also exploring whether to extend its unified buying-power framework to virtual asset holdings.

Futu said wealth management client assets totaled HK$180.2 billion, up 10% year over year and 1% sequentially. Management observed clients shifting from money market funds toward equity funds amid strong stock-market performance.

The company ended the quarter with 683 IPO distribution and investor-relations clients, up 32% year over year. Futu said nearly 60% of newly listed Hong Kong companies partnered with the firm during the quarter, and it served as joint bookrunner on several listings.

Looking into the third quarter, management said key operating metrics had softened modestly amid market volatility. Net additions of funded accounts were below the second-quarter level, trading volume was modestly lower sequentially, and retail sentiment had cooled. However, net asset inflows in Hong Kong and overseas markets had returned to normalized levels.

In the U.S., Moomoo launched prediction market trading for retail clients in early June after receiving an FCM license in May. Chen said more than 200 million event contracts were traded during the first month after launch. He said the product has helped acquire clients and improve engagement, with users trading event contracts also showing higher securities-trading activity.

About Futu (NASDAQ:FUTU)Futu Holdings Ltd. is a technology-driven brokerage and wealth management company that provides online brokerage services, market data, and investment tools to retail and institutional clients. Headquartered in Hong Kong and listed on the NASDAQ under the ticker FUTU, the company operates digital trading platforms that combine order execution, real-time quotes, news, and research tools to serve active investors and wealth management customers.

The firm's product suite includes brokerage access to equities, exchange-traded funds and derivatives across major markets, margin financing, initial public offering (IPO) subscription services, wealth management products and discretionary investment solutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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