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Luckin Coffee ( LK ) has crashed by more than 82% in one day, after the news of the company’s fabricating transactions to inflate sales by as much as $310 million. The company has released SEC filing to describe what the special committee has found out. COO Jian Liu fabricated transac...
WELLINGTON, Fla., April 06, 2020 (GLOBE NEWSWIRE) -- Barbuto & Johansson, P.A. (“BARJO”) and Of Counsel, Neil Rothstein, Esq. (with over 30 years of Securities Class Action Experience, including cases against ENRON and Halliburton) remind investors of the class action laws...
SAN FRANCISCO, CA / ACCESSWIRE / April 5, 2020 / Hagens Berman urges investors in Luckin Coffee Inc. (NASDAQ: LK) who have suffered significant losses to submit their losses now . A new securities fraud case has been filed expanding the alleged fraudulent period. Expanded Class Period :...
New York, New York--(Newsfile Corp. - April 5, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Luckin Coffee Inc. ("Luckin Coffee" or the "Company") (NASDAQ: LK) of the April 13, 2020 deadline to seek the role of lead plaintiff in a federal securi...
New York, New York--(Newsfile Corp. - April 4, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Luckin Coffee Inc. ("Luckin Coffee" or the "Company") (NASDAQ: LK) of the April 13, 2020 deadline to seek the role of lead plaintiff in a federal securi...
SAN FRANCISCO, CA / ACCESSWIRE / April 4, 2020 / Hagens Berman urges investors in Luckin Coffee Inc. (NASDAQ:LK) who have suffered significant losses to submit their losses now . A new securities fraud case has been filed expanding the alleged fraudulent period. Expanded Class Period : ...
There are two ironclad rules I follow when it comes to investing: Let me be clear. I have nothing against China. My second rule isn't due to any specific negative experience I've had with Chinese stocks . And that's because I've never owned a China-based stock. I hold this rule because I simpl...
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NEW ORLEANS, April 03, 2020 (GLOBE NEWSWIRE) -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), is investigating claims on behalf of investors of Luckin Coffee Inc. (NasdaqGS: LK). Such investor...
New York, New York--(Newsfile Corp. - April 3, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Luckin Coffee Inc. (NASDAQ: LK) ("Luckin Coffee" or the "Company") of the April 13, 2020 deadline to seek the role of lead plaintiff in a federal securi...
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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...
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...
The stock market had a tough day to end the week, with investors growing increasingly nervous about the rising number of new COVID-19 cases. The Nasdaq Composite (NASDAQINDEX: ^IXIC) has resisted coronavirus-inspired sell-offs before, but it didn't succeed today, losing around 2.5%. The Nas...