LK News and Press, Luckin Coffee From 07/13/20

Luckin Coffee (NASDAQ: LK ) names board member and former acting CEO Jinyi Guo as its new Chairman and CEO , replacing founder and former Chairman Charles Zhengyao Lu, who was voted out by shareholders at a general meeting on July 5. More news on: Luckin Coffee Inc., Consumer stocks new...

Luckin Coffee's ( LKNCY ) ( LK ) shareholders voted out its chairman and co-founder Charles Lu, helping continue the housecleaning after Luckin's major revenue fraud was discovered. While this is a positive for trying to reestablish a bit of trust in Luckin's results, Luckin still faces ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . The latest stock party started in Asia overnight, where China's Shanghai Composite jumped 5.7% to record its largest one-day gai...

Luckin Coffee (NASDAQ: LK ) chairman and co-founder Charles Lu was voted out by shareholders , less than a week after the board failed to get the two-thirds votes needed to remove him. More news on: Luckin Coffee Inc., Consumer stocks news, Read more ...

An investigation conducted by a special committee of Luckin Coffee's (NASDAQ: LK ) board concludes that the company's chairman, Charles Lu, knew or should have known about bogus transactions that inflated the Chinese coffee chain's sales last year, the Wall Street Journal reported, citin...

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Scandal-struck Luckin Coffee (NASDAQ: LK ) says its board is keeping Charles Zhengyao Lu as chairman . More news on: Luckin Coffee Inc., Consumer stocks news, Read more ...

How Did One Gold Stock Pull Off A Near $3 Billion Fraud Scheme? With gold prices reaching levels not seen since 2011, it’s no wonder why investors are turning toward the shiny metal. The market value of gold has now jumped above $1,800. Even in spite of price pulling back in July, gol...

The special committee formed by the Luckin Coffee (NASDAQ: LK ) board determined that the fabrication of transactions began at the company in April of 2019. More news on: Luckin Coffee Inc., Consumer stocks news, Read more ...

BEIJING, July 01, 2020 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (the “Company”) (OTC: LKNCY) announced that its Special Committee of the Board of Directors (the “Special Committee”), with the assistance of its advisors, Kirkland & Ellis International LLP and FT...