Finance

Investors Notified of Approaching Lead Plaintiff Deadline in Future FinTech Group Inc. Class Action Suit

Published February 8, 2024

Investors are being reminded by Glancy Prongay & Murray LLP ("GPM") of the critical deadline of March 18, 2024. Those who have purchased or acquired shares of Future FinTech Group Inc. FTFT, a company specializing in blockchain-based e-commerce services in China, need to file a lead plaintiff motion by this date in connection with the ongoing class action lawsuit.

Understanding the Class Action Against FTFT

The lawsuit in question alleges that Future FinTech Group Inc. FTFT may have made misleading statements to the investing public or failed to disclose pertinent information, impacting the rights of investors.

Details on the Eligibility to Participate

Investors who have incurred losses from transactions in FTFT during the relevant period may be eligible to act as lead plaintiff. However, it is not mandatory for affected investors to take on this role in order to participate in any potential recovery.

Background on Future FinTech Group Inc. FTFT

Based in Beijing, the People's Republic of China, Future FinTech Group Inc. FTFT operates an innovative real-name blockchain e-commerce platform. The service combines advanced blockchain and internet technology to provide a novel approach to online transactions and e-commerce solutions.

Investors' Course of Action

With the deadline fast approaching, it is imperative for investors to make a decision to safeguard their rights and possibly recover their losses. Interested investors are urged to contact the law firm promptly to learn more about their options.

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