Philip Kim & Futu

Philip Kim: Attorney at Rosen Law Firm, involved in the class action.

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

Philip Kim: Philip Kim is an attorney at Rosen Law Firm, serving as a contact for investors.

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.

Philip Kim: Philip Kim is an attorney at Rosen Law Firm handling the class action investigation. He is a contact for investors seeking to join the suit.

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.