Webull Faces Securities Fraud Investigation Following Stock Plunge

Key Facts

1The Law Offices of Frank R. Cruz announced an investigation into potential federal securities law violations by Webull Corporation.

2The investigation follows a report issued by a US House Select Committee on China that impacted the company's stock.

The Law Offices of Frank R. Cruz announced an investigation into potential federal securities law violations by Webull Corporation. Business Wire reported that the investigation follows a report issued by a US House Select Committee on China, which allegedly triggered a 30% plunge in the company's stock on October 7, 2026.

BULL closed at $7.28 on October 6, 2026, with a session high of $7.44 and a low of $7.26. The legal inquiry focuses on potential damages to shareholders following the congressional report issued on October 7, 2026, which raised concerns regarding the company's regulatory compliance and international ties.