Recent Security Class Actions

Future FinTech Group Inc. Common Stock (NASDAQ: FTFT)

Company Name:Future FinTech Group Inc. Common Stock
Stock Symbol:NASDAQ: FTFT
Class Period Start:03/10/2020
Class Period End (inclusive):01/11/2024
Filing Deadline:03/18/2024

The Complaint alleges that Defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's CEO manipulated the price of Future FinTech stock; (2) the Company's CEO and Future FinTech lied to the Securities and Exchange Commission about the nature of the CEO's ownership of Future FinTech stock; (3) Future FinTech understated its legal risk; (4) Future FinTech did not disclose the unlawful measures the CEO took to prop up the price of its stock; 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. When the true details entered the market, the Complaint claims that investors suffered damages.