Glancy Prongay Wolke & Rotter LLP reminded investors that Aug. 25, 2026 is the deadline to seek appointment as lead plaintiff in a securities class action against Futu Holdings Limited after the online broker disclosed proposed China Securities Regulatory Commission penalties totaling about RMB1.85 billion, or about US$271 million, and later booked the charges in first-quarter 2026 results. The case draws on a Dec. 30, 2022 CSRC statement that Futu had conducted cross-border securities business with mainland Chinese investors without regulatory consent and had been barred from opening new mainland accounts or soliciting new mainland business, as well as May 2026 disclosures that helped drive a 27.5% share-price drop on May 22 and another 4.8% decline on May 28. The latest release contains a class period discrepancy, describing the class in its opening paragraph as May 24, 2025 to May 27, 2026 but later stating that the complaint and lead-plaintiff notice cover May 24, 2023 to May 27, 2026.