The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of Futu Holdings Limited and Hub Group, Inc. For Futu, the class period is May 24, 2023 to May 27, 2026, with a lead plaintiff deadline of August 25, 2026; the complaint alleges the company made false and misleading statements and failed to disclose non-compliance with CSRC requirements, including conducting securities, public fund sales, and futures business in mainland China without requisite licenses, which overstated financial results. For Hub Group, the class period is April 28, 2023 to May 11, 2026, with a lead plaintiff deadline of August 28, 2026; the complaint alleges material misstatements in financial statements from Q1 2023 to Q4 2024 due to premature and incorrect recognition of certain transactions, and from Q1 2025 to Q3 2025 due to understatement of purchased transportation costs and accounts payable. Investors who suffered losses are encouraged to contact the firm to discuss their legal rights.
Futu Holdings LtdClass action lawsuit alleges false statements and failure to disclose non-compliance with CSRC requirements, overstating financial results.
Hub Group IncClass action lawsuit alleges material misstatements in financial statements due to improper revenue recognition and understated costs.