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SAN FRANCISCO, CA / ACCESSWIRE / April 6, 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 ...
Luckin Coffee ( LK -15.5% ) slid to a new low of $4.27 earlier in today's session before recovering just a bit. More news on: Luckin Coffee Inc., Consumer stocks news, Stocks on the move, Read more ...
Gainers: Immunomedics (NASDAQ: IMMU ) +90% . More news on: Immunomedics, Inc., Akers Biosciences, Inc., Exantas Capital Corp., Stocks on the move, , Read more ...
It didn't look pretty when Luckin Coffee (NASDAQ: LK) announced last week that after an internal investigation, it had discovered fraudulent sales. The Chinese company's stock price plunged 80% on the news after it had already dropped due to COVID-19 concerns. But the U.S.-traded Chinese co...
Goldman Sachs is taking enforcement action against Luckin Coffee ( LK -17.8% ) holder Haode Investment due to a default. More news on: Luckin Coffee Inc., Consumer stocks news, Stocks on the move, Read more ...
Following an Event of Default under a Loan Secured by Shares Underlying such ADSs Following the occurrence of a default by Haode Investment Inc. (the “Borrower”), a shareholder of Luckin Coffee Inc. (the “Company”) (NASDAQ: LK), under a US$ 518 million margin ...
Luckin Coffee (NASDAQ: LK ) says it will maintain normal operations at its stores even as a fraud investigation plays out. More news on: Luckin Coffee Inc., Consumer stocks news, Stocks on the move, Read more ...
Source Luckin Coffee Inc. ( LK ) was expected to become the Starbucks of China. Little did we know a couple of weeks back that the company would eventually show more similarities to Enron than to Starbucks. Accounting scandals are nightmares for investors and Luckin investors are living ...
New York, New York--(Newsfile Corp. - April 6, 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...
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...
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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...