Tuesday 01 April 2025
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Luckin Coffee

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

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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»

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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

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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

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

Luckin Coffee fires both CEO and COO amid new evidence in fraud probe

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BEIJING, China – Luckin Coffee has fired fired both its CEO and COO amid an ongoing investigation into fabricated transactions. Jenny Zhiya Qian was...
Companies

Luckin Coffee investigated by China’s top business and commerce regulator

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MILAN – Luckin Coffee Inc.confirmed Monday that it its being investigated by China’s top business and commerce regulator as its Nasdaq-listed shares continued to...

Chinese investors to take Luckin Coffee to court thanks to new revised law

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MILAN – A group of Chinese investors who lost money on Luckin Coffee have filed a lawsuit before a court in the southeastern coastal...
News

Independent director Thomas Meier resigns from the Board of Luckin Coffee

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BEIJING, China — Luckin Coffee independent director Thomas Meier submitted his resignation to leave the board, the company announced yesterday in a SEC filing....
Companies

Nasdaq changes trading halt status for Luckin to ′additional information requested’

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NEW YORK, U.S. — The Nasdaq Stock Market® (Nasdaq: NDAQ) announced on Thursday that the trading halt status in Luckin Coffee Inc. (Nasdaq: LK)...
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