Priya Patel
TLDR:
- Faruqi & Faruqi, LLP is investigating potential claims against Future FinTech Group Inc.
- Investors who suffered losses are encouraged to contact the law firm before the deadline to seek the role of lead plaintiff.
Faruqi & Faruqi, LLP is currently investigating potential claims against Future FinTech Group Inc. for violating federal securities laws. The investigation focuses on allegations that the company and its executives made false and misleading statements regarding the manipulation of stock prices by Defendant Shanchun Huang. The complaint also alleges that Future FinTech understated legal risks and failed to disclose unlawful measures taken to prop up stock prices.
The United States Securities and Exchange Commission charged CEO Shanchun Huang with fraud and disclosure failures, leading to a significant decline in Future FinTech stock prices. Investors who suffered losses exceeding $25,000 between March 10, 2020, and January 11, 2024, are encouraged to contact Faruqi & Faruqi, LLP to discuss their legal rights before the March 18, 2024 deadline. The lead plaintiff will represent investors in the federal securities class action against Future FinTech Group Inc.
