Lawrence Rosen & Futu

Lawrence Rosen: Founding partner at Rosen Law Firm, involved in the class action.

Futu: Central defendant in multiple securities class actions; faces regulatory penalties and significant stock decline.

Lawrence Rosen: Lawrence Rosen is a founding partner of Rosen Law Firm, involved in the investigations and class actions.

Futu: Futu is the primary defendant in multiple securities class actions and faces proposed CSRC penalties of approximately RMB1.85 billion. Its stock fell sharply following the crackdown, and it is exposed to significant legal and regulatory costs.

Lawrence Rosen: Lawrence Rosen is a partner at Rosen Law Firm involved in the investigation. His role is primarily as a legal representative for investors.

Futu: Futu Holdings is one of the online brokers penalized by the CSRC for soliciting business without a license. Its shares also fell significantly on the news.