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Monday 23 December 2024
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Luckin Coffee

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Luckin Coffee Board fails to remove Chairman Charles Zhengyao Lu from his office

Desk3 -
MILAN – In a surprising turn, Luckin Coffee announced Thursday that a Charles Zhengyao Lu will remain chairman of the board. A proposal to...
Companies

Luckin says the independent internal investigation is substantially complete

Desk3 -
BEIJING, China — Luckin Coffee announced on Wednesday the “substantial completion” its independent internal probe into the fabrication of approximately $300 million in revenue,...

Luckin  Coffee to  delist  from Nasdaq, board moves to oust chairman  Lu  Zhengyao

Desk3 -
MILAN – Luckin Coffee announced Friday that it was giving up plans to appeal the Nasdaq exchange's decision to delist the stock. The company...
Companies

Luckin receives a notification to convene an Extraordinary General Meeting

Desk3 -
BEIJING, China – Luckin Coffee Inc. (NASDAQ: LK) announced on June 26 that the Board of Directors of the Company (the “Board”) was notified...

Luckin Coffee to hold EGM on July 5 to vote on removal of chairman Charles Zhengyao Lu

Desk3 -
MILAN – Luckin Coffee said in a notice on Friday that it will hold an extraordinary meeting of shareholders on July 5 to discuss...

Luckin’s lenders win court order to liquidate shares owned by the chairman’s family

Desk3 -
MILAN – Lenders led by Credit Suisse Group AG have won court orders to liquidate tens of millions of dollars in Luckin Coffee Inc....
Companies

Kyros Law announces plans to file legal claims on behalf of Luckin Coffee

Desk3 -
BOSTON, U.S. – Kyros Law Offices is alerting investors of Luckin Coffee (NASDAQ: LK) that it is investigating filing legal claims against the company...
Companies

Luckin Coffee’s co-founder apologizes for the fraud and says he «can’t sleep at night»

Desk3 -
MILAN – Charles Zhengyao Lu, chairman and co-founder of Luckin Coffee Inc., apologized for the accounting scandal has embroiled the coffee chain in a...

Luckin Coffee stock loses more than a third of its value after trading resumes

Desk3 -
MILAN — Luckin Coffee stock lost more than a third of its value on Wednesday, as it resumed trading after more than a month's...

Nasdaq moves to delist Luckin Coffee, the company plans to request hearing

Desk3 -
MILAN — Luckin Coffee Inc. announced yesterday that on May 15, 2020, it received a written notice from the Listing Qualifications Staff of The...
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