Philadelphia, Pennsylvania--(Newsfile Corp. - July 6, 2026) - National plaintiffs' law firm Berger Montague PC announces a class action lawsuit against Futu Holdings Limited (NASDAQ: FUTU) ("Futu" or the "Company") on behalf of investors who purchased or acquired Futu securities during the period from May 24, 2023 through May 27, 2026 (the "Class Period").

Investor Deadline: Investors who purchased or acquired Futu securities during the Class Period may, no later than August 25, 2026, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE.

Based in Hong Kong, Futu operates an online brokerage platform offering securities trading, wealth management products, and related financial services to investors in multiple markets.

According to the complaint, throughout the Class Period, Defendants failed to disclose that certain Futu entities allegedly conducted securities business, public fund sales business, and futures business in mainland China without obtaining the requisite licenses or approvals, subjecting Futu to significant regulatory enforcement and monetary penalties.

The truth allegedly began to emerge on May 22, 2026, when Futu disclosed that it had received a Notification Letter from the CSRC proposing approximately RMB1.85 billion (approximately US$271 million) in confiscation of alleged illegal gains and fines, as well as a proposed personal fine against the Company's founder and CEO, Li Hua. Following these disclosures, Futu's stock price declined 27.5%.

The alleged risks further materialized on May 28, 2026, when Futu announced first-quarter 2026 financial results reflecting the proposed penalties. Following this disclosure, the Company's stock price declined an additional 4.8%.

If you are a Futu investor and would like to learn more about this action, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at aabramowitz@bergermontague.com or (215) 875-3015, or Caitlin Adorni at cadorni@bergermontague.com or (267) 764-4865.

About Berger Montague

Berger Montague is one of the nation's preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.

For more information or to discuss your rights, please contact:

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Source: Berger Montague