Zhitong Finance APP was informed that, on May 29, in response to the report that “false transactions have been involved before the IPO”, Ruixing Coffee (LK.US) responded: “The special committee of Ruixing Coffee ’s Board of Directors is continuing to promote internal investigations. It is evaluating the impact of financial fraud on the company ’s previously released quarterly financial report, […]

Luckin Coffee ( NASDAQ :LK) has fired its CEO and COO after conducting an investigation into inflated sales numbers, according to CNBC. Shares of Luckin Coffee were halted on April 7. They last swapped hands at $4.39 per share. Click to subscribe to real-time analytics on LK Now read: GreenSky slides 8.6% post Q1 results »

Trading Luckin Coffee ( NASDAQ : LK ) has been halted since April 7. Current shareholders cannot sell their LK stock. Or any potential would-be buyers cannot buy into the share price. Source: Keitma / Shutterstock.com If you are a current investor in Luckin Coffee stock, you probably are quite well aware that the company is being accused of having

The Freeze on Luckin Stock Isn’t Just a Lesson, It’s an Opportunity >> Read More

SAN FRANCISCO, April 11, 2020 (GLOBE NEWSWIRE) — Hagens Berman urges investors in Luckin Coffee Inc. (NASDAQ: LK) who have suffered losses in excess of $1 million tosubmit their losses now . Only two days remain until the April 13, 2020 lead plaintiff deadline in a securities fraud class action suit against Luckin and other wrongdoers. Expanded Class Period :

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Luckin Coffee (LK) Investors with $1 Million+ Losses to Contact its Attorneys: Important Monday Deadline >> Read More

SAN FRANCISCO, CA / ACCESSWIRE / April 8, 2020 / Hagens Berman urges investors in Luckin Coffee Inc. ( LK)who have suffered losses in excess of $1 million tosubmit their losses now. Important investor deadlines are fast approaching in a securities suit against Luckin and other wrongdoers. Expanded Class Period : May 17, 2019 – Apr. 2, 2020 Lead Plaintiff

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Investors with $1 Million+ Losses to Contact its Attorneys, Important April 13 Deadline Approaching >> Read More

No news is probably bad news for Luckin Coffee (NASDAQ: LK ) as the exchange-mandated trading halt on shares remain locked in place. LK last traded yesterday morning at $4.39 vs. the 52-week trading range of $4.27 to $51.38. Previously: Trading halt on Luckin Coffee (April 7)

Original title: Before Ruixing Coffee’s Thunder: Guys are short, Ruixing Coffee, how much profit do you guess? Source: Tencent News Author: Choi Choi Life Today, let ’s talk about the story of the ticket with Ruixin Coffee and the details of how much I and my classmates have discussed. . The thing is to start with a barbecue restaurant. That

Before Ruixing Coffee burst into thunder: The guy was shorting, Ruixing Coffee, guess how much profit you made? >> Read More

Luckin Coffee ( LK -15.5% ) slid to a new low of $4.27 earlier in today’s session before recovering just a bit. A margin call earlier against Chairman Charles Zhengyao Lu and Chief Executive Jenny Zhiya Qian led to the loss of control of 515,355,752 class B shares and 95,445,000 class A shares. Previously: Luckin Coffee slides after Goldman Sachs

Margin calls at Luckin Coffee >> Read More