LUCKIN COFFEE INVESTIGATION -- Kuznicki Law PLLC Announces Investigation on Behalf of Shareholders of Luckin Coffee Inc. - LK
Luckin Coffee Inc. (LK)
Last luckin coffee inc. earnings: 11/13 06:00 am
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Source: GlobeNewswire
CEDARHURST, N.Y., April 07, 2020 (GLOBE NEWSWIRE) -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of Luckin Coffee Inc. (NasdaqGS: LK). The investigation concerns whether Luckin and certain of its officers and/or directors have engaged in fraud, negligence or other unlawful business practices. On April 2, 2020, the Company disclosed that it is investigating reports that senior executives and employees fabricated transactions totaling 2.2 billion yuan ($310 million) and, as a result, investors could not rely on its previous financial statements for the nine months ended September 30, 2019. On this news, the price of Luckin’s shares plummeted over 80% Shareholders may find more information at https://kclasslaw.com/cases/securities/nasdaqgs-lk/ Shareholders who purchased shares in this company are encouraged to contact us via the case links above, by calling toll-free at 1-833-835-1495 or by email (dk@kclasslaw.com). Kuznicki Law PLL
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