Securities Fraud Investigation Into Lufax Holding Ltd. (LU) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Lufax Holding Ltd American Depositary Shares, each representing two (2) Ordinary Shares (LU)
Company Research
Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Lufax Holding Ltd. (“Lufax” or the “Company”) (NYSE: LU) on behalf of investors concerning the Company’s possible violations of federal securities laws.IF YOU ARE AN INVESTOR WHO LOST MONEY ON LUFAX HOLDING LTD. (LU), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.What Is The Investigation About?On January 27, 2025, Lufax disclosed that it was proposing to remove its auditor, PricewaterhouseCoopers (“PwC”) because PwC had significant concerns about Lufax’s financial disclosures and, in particular, the 2022 and 2023 Annual Reports.On this news, Lufax’s stock price fell $0.40, or 13.8%, to close at $2.49 per share on January 27, 2025, thereby injuring investors.On February 17, 2025, Lufax confirmed that the 2022 and 2023 financial reports could not be relied on, finding “that certain line items were inaccurately recorded in the consolidated financial statements
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News
- ROSEN, A LEADING NATIONAL FIRM, Encourages Lufax Holding Ltd Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - LUGlobeNewswire
- Law Offices of Howard G. Smith Encourages Lufax Holding Ltd. (LU) Shareholders To Inquire About Securities Fraud Class ActionBusiness Wire
- DEADLINE ALERT for LU, ATRA, COTY, and SMCI: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of ShareholdersGlobeNewswire
- Bronstein, Gewirtz & Grossman LLC Urges Lufax Holding Ltd Investors to Act: Class Action Filed Alleging Investor HarmGlobeNewswire
- LU Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in Lufax Holding Ltd Securities Lawsuit — The Gross Law FirmGlobeNewswire
LU
Sec Filings
- 3/27/26 - Form 6-K
- 3/20/26 - Form SCHEDULE
- 3/18/26 - Form 3
- LU's page on the SEC website