Webull faces securities litigation over alleged China ties and corporate disclosures

Verifying
  • Bernstein Liebhard announced a Webull shareholder securities action over alleged corporate misrepresentations.
  • April 26, 2025, through October 6, 2026, defines the stated investor class period.
  • Investors seeking lead-plaintiff status must file papers by December 7, 2026.

Webull Corporation and certain officers face proposed securities litigation over alleged misrepresentations about the company’s China-related operations, U.S. customer-data protections, business prospects and financial stability. A Bernstein Liebhard LLP notice said a shareholder filed an action for investors who purchased Webull securities, traded as BULL on Nasdaq, from April 26, 2025, through October 6, 2026, alleging that the securities traded at artificially inflated prices before investors suffered losses when the truth was disclosed. The notice names December 7, 2026, as the deadline for investors seeking lead-plaintiff status. An earlier Rosen Law Firm notice described substantially similar allegations involving Webull’s personnel, infrastructure, data practices, ownership, financing and compliance structure in mainland China. The available notices do not establish whether the actions are the same proceeding or separate filings, and no class has been certified.

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