NEW YORK CITY, NY / ACCESS Newswire / October 9, 2026 / Webull Corporation (NASDAQ: BULL) shares plunged toward their steepest one-day decline in more than a year after a bipartisan House Select Committee on China report raised national-security concerns about the Company's ties to China. If your BULL position lost value in that selloff, you may have legal rights. Investors who suffered losses are encouraged to submit their BULL loss details now or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

The committee's report cited ties involving Webull's ownership, Chinese technical personnel, technology infrastructure, cross-border data routing, financing, and compliance practices. It described a "profound gap" between Webull's American branding and the structure supporting its operations. It also questioned whether Webull's practice of holding customer cash directly could expose billions of dollars in U.S. customer capital to China-related risk. Webull has disputed the conclusions, calling them inaccurate and unsupported.

Washington's scrutiny of Webull did not begin with this report. The Company's August 28, 2025 prospectus supplement referenced U.S. government bodies that had made the Company "the subject of inquiries and investigations relating to concerns about our connections to China." The customer money at stake has grown since then: on its May 21, 2026 earnings call, Webull reported customer assets up more than 90% year over year to $24 billion. Levi & Korsinsky's investigation focuses on whether BULL investors were harmed by potential securities law violations.

If you purchased Webull shares and lost money, request a free review of your BULL losses today, or call Joseph E. Levi, Esq. at (212) 363-7500.

WHY LEVI & KORSINSKY -- Ranked in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, Levi & Korsinsky, LLP is a nationally recognized leader in shareholder rights litigation. With a team of over 70 professionals, the firm has recovered hundreds of millions of dollars for investors.

Frequently Asked Questions About the BULL Investigation

Q: Who is eligible to participate in the BULL investigation?
A: Investors who purchased BULL stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.

Q: How much did BULL stock drop?
A: Webull shares fell $1.43, or about 19.64% overnight, from a closing price of $7.28 on October 6, 2026, to an opening price of just $5.85 on October 7, 2026. Investors who purchased shares at allegedly inflated prices and suffered losses may be eligible to seek compensation.

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: 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: Do I need to go to court or give testimony?
A: No. Participating in the investigation does not require court appearances or depositions. If legal action is later pursued, the overwhelming majority of affected investors never appear in court either.

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CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171

SOURCE: Levi & Korsinsky, LLP