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Webull Corporation

  • Company: Webull Corporation
  • Ticker: BULL
  • Class Action Period: April 26, 2025 – October 06, 2026
36 Days Left Lead Plaintiff Deadline: December 07, 2026

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If you suffered a loss on your Webull Corporation investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filling out this form mean you have joined any lawsuit.

Background

On October 7, 2026, the bipartisan House Select Committee on China issued a report which found "a profound gap" between Webull's public marketing as "an American company" and actual control of the alleged St. Petersburg, Florida-based firm. The committee reportedly found “Webull’s ownership architecture, technical workforce, technology infrastructure, cross-border data routing, corporate financing, and compliance frameworks are tied in structural ways to the People’s Republic of China.”   

Webull Corporation stock fell as much as $2.13 or 29.26%, during intraday trading on October 7, 2026, thereby injuring investors.

The Webull Corporation securities lawsuit alleges that, throughout the class period, defendants made materially false and/or misleading statements and failed to disclose material adverse facts about Webull Corporation's business, operations, and prospects. Specifically, the complaint alleges defendants failed to disclose to investors that: (1) Webull's mainland China operations were not limited to research and development and technical support functions, but rather Webull's software development, data pipelines, and core engineering depended on PRC-based personnel and on infrastructure subject to Chinese law; (2) Webull's ownership structure, technical workforce, technology infrastructure, cross-border data routing, financing, and compliance structure were structurally tied to China; (3) as a result, Webull's representations that its principal business operations were based in the U.S. and that its U.S. customer data was insulated from non-U.S. access materially overstated Webull's independence from the PRC; and (4) as a result, defendants' positive statements about Webull Corporation's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

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