CasesLuckin Coffee (NASDAQ: LK) Shareholder Class Action Lawsuit

If you purchased more than $100K of Luckin Coffee (NASDAQ: LK) shares before 4/6/2020, you may be entitled to compensation. Complete the form on this page or call 1-800-934-2921 to find out if you have a case.
April 10, 2020
Our law firm is investigating potential claims on behalf of shareholders of Luckin Coffee (NASDAQ: LK) over possible violations of US securities laws.

If you purchased more than $100K of Luckin Coffee (NASDAQ: LK) shares before 4/6/2020, you may be entitled to compensation. Complete the form on this page or call 1-800-934-2921 to find out if you have a case.

Our law firm is investigating potential claims on behalf of shareholders of Luckin Coffee (NASDAQ: LK)  over possible violations of US securities laws due to possible breaches of fiduciary duty by officers of the company. If you have purchased more than $100,000 in shares of Luckin Coffee (NASDAQ: LK) before April 6th, 2020, contact our law firm right now to protect your rights.

The shareholder lawsuit stems from the disaster that LK investors have faced in recent months. Public knowledge of potential problems with the company began brewing when a scathing report was published about the company in early 2020.  According to this report, Luckin inflated per-store per-day sales, its net selling price per item, its advertising expenses, and its revenue contribution from “other” products. The same day, LK stock price took a deep dive.

In early April 2020, the company disclosed that “beginning in the second quarter of 2019, Jian Liu, the COO and a Director of the Company, and several employees reporting to him, had engaged in certain misconduct, including fabricating certain transactions.” Then, on April 7th, 2020, trading in LK was halted after Goldman Sachs and other lenders sought to seize 76.4 million LK shares due to alleged actions by Luckin’s chairman.

These events have led to an utter fiasco for LK investors, with the value of the stock dropping dramatically until trading was finally halted. Thousands of investors saw their LK investments quickly disappear. If you invested more than $100,000 in LK, contact our law firm immediately to protect your rights.

Did you lose more than $100,000 in LK Stock? Did you purchase before March 2016? Contact us to protect your rights. – Luckin Coffee (NASDAQ: LK) Investor Class Action Lawsuit

If you have purchased more than $100,000 in shares of Luckin Coffee (NASDAQ: LK) before April 6th, 2020, contact our law firm right now to protect your rights. Complete the form on this page or call 1-800-934-2921 right now to protect your rights.