visimoney
TLDR:
- Investor rights law firm Rosen Law Firm is urging purchasers of Future FinTech Group Inc. securities to secure counsel before the important March 18, 2024, lead plaintiff deadline in a securities class action lawsuit.
- The lawsuit alleges that Future FinTech and its former CEO, Shanchun Huang, made false and misleading statements and failed to disclose important information to investors, leading to financial losses.
Global investor rights law firm Rosen Law Firm is reminding investors who purchased securities of Future FinTech Group Inc. (NASDAQ: FTFT) between March 10, 2020, and January 11, 2024, of the upcoming March 18, 2024, lead plaintiff deadline in a securities class action lawsuit filed by the firm. The lawsuit alleges that Future FinTech and its former CEO, Shanchun Huang, made materially false and misleading statements and failed to disclose important information to investors.
The lawsuit claims that Huang manipulated the price of Future FinTech stock and lied to the Securities and Exchange Commission (SEC) about the nature of his ownership. Future FinTech is accused of understating its legal risk and failing to disclose the unlawful measures Huang took to prop up the stock price. When the true details entered the market, investors allegedly suffered financial losses.
Investors who purchased Future FinTech securities during the class period may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement. To join the class action, investors can visit the Rosen Law Firm website or contact Phillip Kim, Esq. toll-free at 866-767-3653 or via email.
The Rosen Law Firm represents investors worldwide and specializes in securities class actions and shareholder derivative litigation. The firm has a track record of success in obtaining significant settlements for investors and has previously achieved the largest-ever securities class action settlement against a Chinese company.
It is important for investors to secure qualified counsel with a proven track record in securities litigation. Many firms issuing notices lack the experience, resources, and peer recognition necessary for effective representation.
This article is not financial advice. Interested investors should consult with a licensed financial advisor before making any investment decisions.
