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FUTU ALERT: ROSEN, A RECOGNIZED LAW FIRM, Continues to Investigate Securities Claims Against Futu Holdings Limited – FUTU

NEW YORK, June 26, 2020 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Futu Holdings Limited (FUTU) resulting from allegations that Futu may have issued materially misleading business information to the investing public.

On March 7, 2020, Futu sold 7,500,000 American Depository Shares (“ADSs”) at $12.00 per ADS, raising over $90 million in its initial public offering. Then on March 17, 2020, Futu issued a press release disclosing that it had not accounted for its preferred shares in calculating its earnings per share, resulting in a substantial decrease in earnings per share.

Rosen Law Firm is preparing a securities lawsuit on behalf of Futu shareholders. If you purchased securities of Futu please visit the firm’s website at http://www.rosenlegal.com/cases-register-1882.html to join the securities action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at mailto:pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.

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Contact Information:
      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      lrosen@rosenlegal.com
      pkim@rosenlegal.com
      cases@rosenlegal.com
      www.rosenlegal.com