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INVESTOR ACTION NOTICE: Moore Legislation PLLC Encourages Traders in Future FinTech Group, Inc. to Contact Legislation Agency By Investing.com
The Tycoon Herald > Business > INVESTOR ACTION NOTICE: Moore Legislation PLLC Encourages Traders in Future FinTech Group, Inc. to Contact Legislation Agency By Investing.com
Business

INVESTOR ACTION NOTICE: Moore Legislation PLLC Encourages Traders in Future FinTech Group, Inc. to Contact Legislation Agency By Investing.com

Tycoon Herald
By Tycoon Herald 2 Min Read Published August 21, 2024
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INVESTOR ACTION NOTICE: Moore Legislation PLLC Encourages Traders in Future FinTech Group, Inc. to Contact Legislation Agency By Investing.com

NEW YORK, Aug. 20, 2024 /PRNewswire/ — Moore Legislation,  PLLC, a shareholder litigation legislation agency positioned on Wall Road, is investigating potential claims in opposition to:

  • Future  FinTech Group Inc. (NASDAQ:  FTFT).

Shareholders ought to electronic mail [email protected]

On  January 11, 2024, the Securities and Change Fee (the “SEC“) filed a civil lawsuit alleging civil violations of the federal securities legal guidelines in opposition to Mr.  Shanchun Huang, the Chief Govt Officer of Future FinTech Group Inc.  (“Future FinTech” or the “Company”) for what the Fee contends was manipulative buying and selling within the inventory of Future FinTech earlier than Mr. Huang turned Future FinTech’s CEO in 2020. The Fee additionally claims that Mr. Huang didn’t disclose his useful possession of Future FinTech inventory in addition to transactions in such inventory.

Regardless of denying the allegations, the corporate changed Shanchun Huang as CEO on August 5, 2024 with Hu Li. Shanchun Huang allegedly stepped down for private causes.

Different allegations embody Shanchun Huang  manipulated the worth of Future FinTech inventory; Huang and Future FinTech lied to the Securities and Change Fee concerning the nature of Defendant Huang’s possession of Future FinTech inventory; Future FinTech understated its authorized danger; and Future FinTech didn’t disclose the illegal measures Huang took to prop up the worth of its inventory.

During the last 12 months, FTFT inventory is down 77%.

In the event you personal  Future FinTech Group Inc. (NASDAQ:  FTFT),  please contact  Fletcher Moore by electronic mail at [email protected]  or (212) 709-8245.  

ABOUT MOORE LAW PLLC

Moore Legislation is a NYC plaintiff litigation legislation agency for traders. We maintain officers and administrators accountable for breaches of fiduciary obligation, fraud, insider buying and selling, wasteful spending, and different company malfeasance. There isn’t a price to you. Our investor instances are contingency solely.

Fletcher Moore, Esq.
Moore Legislation, PLLC
[email protected]  
(212) 709-8245
www.fmoorelaw.com

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