New York, January 21, 2024 (GLOBE NEWSWIRE) –
Why: Rosen Law Firm, a global investor rights law firm, announces that it has filed a class action lawsuit on behalf of purchasers of the securities of Future FinTech Group Inc. (NASDAQ: FTFT) between March 10, 2020 and January 11, 2024, both dates. inclusive (“Term Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the court No later than March 18, 2024 In the securities class action lawsuit filed by the company.
so what: If you purchase Future FinTech securities during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.
What to do next: To join the Future FinTech class action, go to https://rosenlegal.com/submit-form/?case_id=21786 or contact Phillip Kim, Esq. Toll free is 866-767-3653 or email pkim@rosenlegal.com or Cases@rosenlegal.com for information about the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the court No later than March 18, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the lawsuit.
Why Rosen's Law: We encourage investors to select qualified advisors with a proven track record of success in leadership roles. Often, companies issuing notices do not have similar experience, resources, or any meaningful recognition from their peers. Many of these companies do not actually file securities class actions. Be wise in choosing advisors. The Rosen Law Firm represents investors throughout the world, focusing its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever settlement of a securities class action lawsuit against a Chinese company. 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 four every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company raised more than $438 million for investors. In 2020, co-founder Lawrence Rosen was named by Law360 as a Titan in the Plaintiffs Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Case details: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) defendant Shanchun Huang (“Huang”) manipulated the price of Future FinTech’s stock; (2) Defendant Huang and Future FinTech lied to the SEC about the nature of Defendant Huang's ownership of Future FinTech's stock; (3) Future FinTech has reduced its legal risks; (4) Future FinTech did not disclose the illegal actions taken by Defendant Huang to prop up its stock price; and (5) as a result, Defendants' statements about their business, operations, and future prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims, investors suffered damages.
To join the Future FinTech class action, go to https://rosenlegal.com/submit-form/?case_id=21786 or contact Phillip Kim, Esq. Toll free is 866-767-3653 or email pkim@rosenlegal.com or Cases@rosenlegal.com for information about the class action.
No category is approved. Until the class is approved, you will not be represented by counsel unless you retain one. You can choose the lawyer of your choice. You can also remain an absent class member and do nothing at this point. An investor's ability to participate in any potential future recovery is not dependent on serving as lead plaintiff.
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The Rosen Law Firm represents investors throughout the world, focusing its practice in securities class actions and shareholder derivative lawsuits. 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 4 every year since 2013. Rosen Law Firm has achieved the largest settlement on Launching Securities Class Action Lawsuits Against a Chinese Company The attorneys at Rosen Law Firm are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.
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contact information:
Lawrence Rosen, Esq.
Philip Kim, Esq.
Rosen Law Firm, PA
275 Madison Street, 40y floor
New York, NY 10016
Phone: (212) 686-1060
Toll free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
