The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Webull is the subject of a CNBC report published on October 7, 2026, titled: “Trading platform Webull’s China ties create national security risk, congressional panel finds; stock drops 18%” According to the article, “The bipartisan House Select Committee on China in its new report being released Wednesday found ‘a profound gap’ between Webull’s public marketing as ‘an American company’ and actual control of the St. Petersburg, Florida-based firm. The Committee’s report states, “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.” Based on this news, shares of Webull fell 19.8% in morning trading on the same day.
PRESS RELEASE
BULL Investors Have Opportunity to Join Webull Corporation Fraud Investigation with SBS Law
Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Webull Corporation (“Webull” or “the Company”) (NASDAQ: BULL) for violations of the securities laws.
INVESTIGATION DETAILS: The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Webull is the subject of a CNBC report published on October 7, 2026, titled: “Trading platform Webull’s China ties create national security risk, congressional panel finds; stock drops 18%” According to the article, “The bipartisan House Select Committee on China in its new report being released Wednesday found ‘a profound gap’ between Webull’s public marketing as ‘an American company’ and actual control of the St. Petersburg, Florida-based firm. The Committee’s report states, “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.” Based on this news, shares of Webull fell 19.8% in morning trading on the same day.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at david@schallfirm.com.
WHY SBS? Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
Schall, Brown & Schwartz LLP
Brian Schall, Esq.,
Andrew Brown, Esq.,
David Schwartz, Esq.,
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com
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