BULL shareholders who lost money may have legal rights after a House China committee report scrutinized the "global infrastructure" that Webull management called a "genuine competitive differentiator."
NEW YORK, Oct. 8, 2026 /PRNewswire/ -- Webull Corporation (NASDAQ: BULL) shareholders are sitting on losses after the stock plunged toward its steepest one-day decline in more than a year, following a bipartisan House Select Committee on China report on the Company's China-linked ties. If you bought BULL and lost money, you may have legal rights, even if you have already sold. You are encouraged to submit your loss details for review. You may also contact Joseph E. Levi, Esq. via email at jlevi@SueWallSt.com or by telephone at (888) SueWallSt.
On May 21, 2026, Group President and U.S. CEO Anthony Michael Denier spoke on the Company's first-quarter earnings call. He told investors that Webull's "global infrastructure, compliance capabilities and product depth remains a genuine competitive differentiator." The committee report identified ties involving Webull's technology infrastructure, Chinese technical personnel and cross-border data routing. It also described a "profound gap" between the Company's American branding and the structure supporting its operations.
Webull's September 11, 2026 Form 6-K described the Company as "a digital investment platform built upon a next-generation global infrastructure." The filing did not identify where that infrastructure, its personnel or its data systems are located. Webull has called the committee's conclusions inaccurate and unsupported. The Company stated that its U.S. business and customer-data controls are based in the United States.
Shareholder rights do not end when a position is closed. Eligibility to participate in the investigation depends on when BULL shares were purchased and the losses incurred. It does not depend on whether the shares are still held.
BULL shareholders who lost money can request a free review of their legal rights or call (888) SueWallSt.
WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
Frequently Asked Questions About the BULL Investigation
Q: Which statements are being investigated as potentially misleading?A: The investigation concerns whether Webull Corporation made materially false or misleading statements regarding its global infrastructure, technology operations and China-related structure. The investigation further concerns statements Webull and its management have previously made regarding House Select Committee's investigation.
Q: When did Webull allegedly mislead investors?A: The investigation concerns statements made before the committee report that allegedly caused investors to purchase securities at inflated prices. These include remarks dating back to the Company's response to a December 5, 2024 letter from the Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party of the U.S. House of Representatives.
Q: What is the BULL securities fraud investigation about?A: A securities investigation is pending concerning Webull Corporation (NASDAQ: BULL) regarding potentially materially false or misleading statements. Shares fell toward their steepest one-day decline in more than a year after a bipartisan House Select Committee on China report questioned the Company's China-linked ownership, personnel, technology infrastructure and data routing, causing losses for shareholders.
Q: What do BULL investors need to do right now?A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible to participate in the investigation.
Q: What documents do I need to participate?A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.
Q: What if I already sold my BULL shares -- can I still recover losses?A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought BULL and sold at a loss may still participate in the investigation.
Q: What does it cost me to participate?A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in any resulting action, these matters are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.
Q: What if I live outside the United States?A: U.S. securities fraud investigations generally cover purchases on U.S. exchanges regardless of the investor's country of residence. Investors outside the United States who bought BULL on the NASDAQ may be eligible to participate.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@SueWallSt.com
Tel: (888) SueWallSt
Fax: (212) 363-7171
Attorney Advertising. Prior results do not guarantee similar outcomes.
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SOURCE SueWallSt.com
