Kaplan Fox Reminds Investors of Futu Holdings Limited (FUTU) to a Securities Class Action Deadline - Contact the Firm Before August 25, 2026

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 [e-mail] or by calling [phone].

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)."

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