Rosen Law Firm & Futu

Rosen Law Firm: Rosen Law Firm is investigating claims and preparing class actions against both Futu and UP Fintech, seeking recovery for investors. It is a prominent plaintiffs' firm in these cases.

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.

Rosen Law Firm: Law firm that filed class action and is investigating UP Fintech.

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

Rosen Law Firm: Rosen Law Firm is investigating potential securities claims against UP Fintech and preparing a class action. It is one of several law firms seeking to represent 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.