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Investigation announced for Long-Term Investors in Futu Holdings Limited (NASDAQ: FUTU) over potential Wrongdoing

12-17-2021 05:06 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Futu Holdings Limited (NASDAQ: FUTU) shares over potential wrongdoing at Futu Holdings

An investigation on behalf of investors in Futu Holdings Limited (NASDAQ: FUTU) shares over potential wrongdoing at Futu Holdings

An investigation was announced over possible breaches of fiduciary duties by certain directors at Futu Holdings Limited.

Investors who purchased shares of Futu Holdings Limited (NASDAQ: FUTU) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Futu Holdings directors breached their fiduciary duties and caused damage to the company and its shareholders.

China based Futu Holdings Limited operates digitized brokerage and wealth management platform in Hong Kong, China, the United States, and internationally.

On October 28, 2021, it was reported that a Chinese central banker warned that online brokerages not licensed in China are acting illegally if they serve Chinese clients via the Internet.

Shares of Futu Holdings Limited (NASDAQ: FUTU) declined from $74.98 per share on October 22, 2021, to as low as $35.49 per share on December 3, 2021.

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

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

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

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