Webull Corporation Faces Securities Class Action Lawsuit Filed by The Rosen Law Firm

A securities class action lawsuit has been filed against Webull Corporation (NASDAQ: BULL), prompting a law firm reminder regarding an upcoming lead plaintiff deadline. The Rosen Law Firm announced that purchasers of Webull securities between April 26, 2025, and October 6, 2026, have until December 7, 2026, to move the Court to serve as lead plaintiff.

Allegations in the Lawsuit

According to the filed complaint, the lawsuit alleges that the defendants made false or misleading statements or failed to disclose critical operational details. The claims specify the following allegations:

• Webull's mainland China operations allegedly extended beyond research, development, and technical support, depending instead on PRC-based personnel and infrastructure subject to Chinese law for software development, data pipelines, and core engineering.
• The company's ownership structure, workforce, technology infrastructure, cross-border data routing, financing, and compliance structure were allegedly structurally tied to China.
• Representations that principal operations were based in the U.S. and that U.S. customer data was insulated from non-U.S. access are claimed to have materially overstated independence from the PRC.
• Consequently, statements regarding Webull's business, operations, and prospects allegedly lacked a reasonable basis, resulting in damages to investors when details entered the market.

Investor Options and Legal Representation

Investors who purchased securities during the designated Class Period may be eligible for potential compensation through a contingency fee arrangement without out-of-pocket costs. No class has been certified at this time, meaning investors are not represented by counsel unless they actively retain one.

• Lead Plaintiff Deadline: December 7, 2026.
• Participation: Investors may choose to serve as lead plaintiff, select alternative counsel, or remain absent class members without taking immediate action.
• Verification: Interested parties can review official announcements and case details directly through legal representatives or verified firm resources.

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