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Webull Financial Security Breach (Ten-League International Holdings): Investor Loss Investigation

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Updated on: December 19, 2025

National investment loss lawyers KlaymanToskes is investigating potential claims on behalf of Webull Financial customers who suffered significant losses following an alleged account security breach and pump-and-dump scheme involving Ten-League International Holdings Limited (TLIH).

Our law firm is examining whether Webull Financial failed to implement adequate cybersecurity controls, supervision, and safeguards to prevent unauthorized third-party access to customer brokerage accounts—resulting in unauthorized trading, forced liquidations, and substantial financial and tax consequences for investors.

If you are a Webull customer who experienced unexplained trades, sudden liquidations, or losses tied to Ten-League International Holdings Limited (TLIH), you may be entitled to a financial recovery through FINRA arbitration.

Contact securities attorney Steven D. Toskes to discuss your potential recovery options at (888) 997-9956 or investigations@klaymantoskes.com for a free and confidential consultation. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.


What Happened to Webull Customers?

According to information uncovered during ongoing investigations, an unauthorized third party may have gained access to Webull Financial customer accounts and used those accounts to participate in an alleged pump-and-dump scheme involving Ten-League International Holdings Limited (TLIH), a penny stock that began trading in July 2025.

TLIH reportedly experienced:

  • A rapid surge in trading activity shortly after its debut
  • A sharp price increase to approximately $7.00 per share
  • A swift collapse shortly thereafter, with shares falling to around $0.60 per share

This extreme volatility is consistent with patterns often seen in pump-and-dump frauds, where artificial demand is created to inflate prices before insiders or fraudsters sell their positions, leaving retail investors with steep losses.

Alleged Account Takeovers and Unauthorized Trading

KlaymanToskes is investigating potential claims that Webull customer accounts were accessed without authorization, resulting in:

  • Unauthorized purchases of TLIH shares
  • Forced or wrongful liquidation of existing securities
  • Significant realized losses
  • Unexpected short-term and long-term capital gains tax liabilities triggered by unauthorized trades

In some cases, investors allege they had no involvement in the TLIH trades, raising serious questions about account security, internal controls, and supervision at the brokerage firm.

What Is a Pump-and-Dump Scheme?

A pump-and-dump scheme is a form of securities fraud where:

  1. A stock’s price is artificially inflated through misleading trading activity or coordinated buying
  2. Unsuspecting investors are drawn in by rising prices and volume
  3. The perpetrators sell their shares at the inflated price
  4. The stock collapses, leaving investors with substantial losses

When such schemes involve unauthorized access to brokerage accounts, brokerage firms may be liable if they failed to detect suspicious activity or prevent account intrusions.

Free Consultation for Webull Financial Customers

If you experienced losses in your Webull Financial brokerage account related to Ten-League International Holdings Limited (TLIH) or suspect unauthorized trading, you may be entitled to recover your losses. Contact securities attorney Steven D. Toskes to discuss your potential recovery options at (888) 997-9956 or investigations@klaymantoskes.com for a free and confidential consultation. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.