Kessler Topaz Meltzer & Check, LLP is investigating Futu Holdings Limited for potential violations of federal securities laws on behalf of investors who purchased or acquired Futu securities and suffered significant losses. The investigation follows a May 22, 2026 Reuters report that China would crack down on illegal cross-border securities activities, including penalizing online brokers like Futu for soliciting business without an onshore license. After the report, Futu's stock price fell over 27%. The law firm encourages affected investors to contact them to discuss their legal rights.
Futu Holdings LtdChina crackdown on illegal cross-border securities activities targets online brokers like Futu, causing 27% stock drop.