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Lufax Holding (LU) Faces Securities Class Action Amid Firing Auditor Who Raised Red Flags -- Hagens Berman

Lufax Holding Ltd American Depositary Shares, each representing two (2) Ordinary Shares (LU) 
Company Research Source: GlobeNewswire
SAN FRANCISCO, April 02, 2026 (GLOBE NEWSWIRE) -- A securities class action lawsuit has been filed against Lufax Holding Ltd. (NYSE: LU), seeking to represent investors who purchased or otherwise acquired Lufax securities between April 7, 2023 and January 26, 2025. The lawsuit follows Lufax’s January 27, 2025 announcement that it removed its auditor after the auditor expressed concerns about potential, undisclosed, related-party transactions. The news triggered a nearly 14% sell-off in the price of Lufax American Depositary Shares. The developments have prompted national shareholders rights firm Hagens Berman to investigate claims that Lufax violated the federal securities laws. The firm urges Lufax investors who suffered significant losses to submit your losses now. The firm also encourages witnesses who may be able to assist in the investigation to contact its attorneys. Class Period: Apr. 7, 2023 – Jan. 26, 2025Lead Plaintiff Deadline: May 20, 2026Visit: www.hbsslaw.com/inves Show less Read more
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