Overview

• Multiple law firms have filed class action lawsuits against Future FinTech Group Inc., alleging stock price manipulation by CEO Shanchun Huang.
• Investors who purchased securities between March 10, 2020, and January 11, 2024, may be eligible for compensation.
• The lawsuits claim that Future FinTech and its executives made materially false and misleading statements regarding the company's operations and prospects.
• The SEC has charged CEO Shanchun Huang with fraud and disclosure failures, leading to a significant drop in the company's stock price.
• Investors have until March 18, 2024, to join the class action lawsuits and potentially recover losses.