Fintech

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NEW YORK, June 04, 2024 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is investigating potential lawsuits against Future FinTech Group Inc. (NASDAQ: FTFT) on behalf of of long-term shareholders following a class action complaint filed against Future FinTech on January 16, 2024 with a class period from March 10, 2020 to January 11, 2024. Our investigation concerns whether Future FinTech’s board of directors violated their fiduciary duties towards the company.

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 manipulated the Future FinTech stock price; (2) Defendant Huang and Future FinTech lied to the Securities and Exchange Commission about the nature of Defendant Huang’s ownership of Future FinTech shares; (3) The Future of FinTech underestimated its legal risk; (4) Future FinTech did not disclose the illegal measures taken by defendant Huang to support its share price; and (5) as a result, Defendants’ statements about its business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

If you are a long-term shareholder of Future FinTech, have information, would like to know more about these statements, or have questions regarding this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.comby phone at (212) 355-4648 or via by filling out this contact form. There are no costs or obligations for you.

About Bragar Eagel & Squire, PC:

Bragar Eagel & Squire, PC is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivatives, and other complex disputes in state courts and feds across the country. For more information about the company, visit the site www.bespc.com. Lawyer advertising. Previous results do not guarantee similar results.

Contact information:

Bragar Eagel and Squire, PC
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com

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