Future FinTech Group, Inc. (NASDAQ: FTFT)

This lawsuit is for anyone who acquired securities in Future FinTech Group, Inc. (NASDAQ: FTFT) from March 10, 2020 through January 11, 2024.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by failing to disclose that the Company’s CEO was engaging in stock price manipulation.

On January 11, 2024, after market hours, the Securities and Exchange Commission (“SEC”) announced that it had charged Future Fintech’s CEO, Sanchun Huang with “manipulative trading” and “buying hundreds of thousands of Future Fintech shares to artificially increase the company’s stock price shortly before and after he became CEO.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Future FinTech Group, Inc. (NASDAQ: FTFT) from March 10, 2020 through January 11, 2024 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.