Future FinTech faces $10.6M judgment in Georgia placement agent lawsuit; plans appeal

Future FinTech Group Inc.

Jury verdict on April 11, 2024 awarded FT Global $7,895,265 damages and $980,000 attorney fees.
Amended judgment on April 16, 2024 added $1,723,115 prejudgment interest for total $10,598,380.
Company intends to appeal to the Eleventh Circuit; case stems from 2020 exclusive placement agent agreement.
FT Global was a former placement agent; lawsuit filed in January 2021 in Fulton County, Georgia.

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