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Stock impact report

LU Investors Have Opportunity to Join Lufax Holding Ltd Fraud Investigation with the Schall Law Firm

Lufax Holding Ltd American Depositary Shares, two of which representing one Ordinary Share (LU) 
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Lufax Holding Ltd (“Lufax” or “the Company”) (NYSE: LU) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Lufax filed a current report on Form 6-K with the SEC on January 27, 2025. As part of this filing, the Company stated that its board had proposed the removal of its auditors, leading to a delay in the publication of its 2024 annual report. Based on this news, Lufax ADSs fell by 13.8% on the same day.If you are a shareholder who suffered a loss, click here to participate.We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us th Show less Read more
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