A class-action lawsuit claims the firm hid the risks of its mainland operations, triggering heavy investor losses after Beijing’s crackdown
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An investor has filed a securities class-action lawsuit in the U.S. against online brokerage Futu Holdings Ltd. and its top executives, alleging they concealed the regulatory risks of its Chinese mainland operations.
Susquehanna alleges defendants bought put options on Futu and UP Fintech ahead of regulatory crackdown announcement
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Mainland investors face tighter restrictions as Beijing broadens campaign against unlicensed offshore brokerage activity
