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Disclaimers I know nothing of the coffee business in China nor do I even know anything about the retail business there. I've done some work in rare earths in the place but that's hardly a source of great insights here. My retail and cafe experience is limited to part ownership of a deli fo...
No news is probably bad news for Luckin Coffee (NASDAQ: LK ) as the exchange-mandated trading halt on shares remain locked in place. More news on: Luckin Coffee Inc., Consumer stocks news, Read more ...
April's been a tough month for Luckin Coffee (NASDAQ: LK) . The Chinese coffee company's stock plunged on April 2 in light of an internal investigation into allegations of fraudulently fabricated transactions that involved a huge portion of its revenue during the last nine months of 2019. The...
SAN FRANCISCO, CA / ACCESSWIRE / April 7, 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 Perio...
SAN FRANCISCO, CA / ACCESSWIRE / April 7, 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's (NASDAQ: LK ) mobile app in China soared in popularity to become the second most downloaded in China this week after usually ranking between the 70th and 100th most popular. More news on: Luckin Coffee Inc., Consumer stocks news, Stocks on the move, Read more ...
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 . Stock futures are pointing to another opening jump in early morning trade, up about 4% , following a steep rebound in the previo...
Banks stand to lose more than $100M from a loan they made to the chairman of Luckin Coffee (NASDAQ: LK ), whose share price plunged more than 80% last week after the Chinese coffee chain said much of its 2019 sales were fabricated. More news on: Luckin Coffee Inc., Consumer stocks news...
WELLINGTON , Fla., April 7, 2020 /PRNewswire/ -- 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 lawsuit that ...
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 ...
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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...