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Israel David LLC Investigates Webull Corporation (NASDAQ: BULL) on Behalf of Investors After House Committee Report on China Ties Sends Shares Down 19%

BULL
  • Israel David LLC is investigating potential securities claims on behalf of Webull Corporation (NASDAQ: BULL) investors following a bipartisan House Select Committee report released on October 7, 2026.
  • Webull's stock price fell $1.39 per share, or approximately 19.1%, to close at $5.89 per share on the day of the report release.
  • The investigation focuses on whether Webull and its officers made materially false or misleading statements regarding the company's ties to China.
  • Webull previously told investors in SEC filings that its mainland China operations were limited to research, development, and technical support functions.
  • The October 7 report identified a gap between Webull's presentation as an American company headquartered in Florida and its operational reality, which included finance, clearing, and customer-service leadership roles in China.
  • The report questions the security of American customers' data and the company's regulatory controls after Webull Financial claimed in early 2025 that it had no offices or employees in China.
  • Webull has disputed the findings of the House Select Committee report.
  • Investors who purchased Webull securities and suffered losses may contact Israel David LLC on a contingency basis with no upfront fees or expenses.