Robbins Geller announces a securities class action lawsuit against Webull Corporation, alleging the company made false statements about its independence from China. The lawsuit claims Webull misrepresented its operations as U.S.-based when in fact 62% of its workforce and core infrastructure are tied to the People's Republic of China.
Following a CNBC report on October 7, 2026, Webull stock fell 19%. Investors with substantial losses can seek appointment as lead plaintiff by December 7, 2026.