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Luckin Coffee Accounting Fraud & Scandal

Luckin Coffee Accounting Fraud & Scandal

Luckin Coffee is a Chinese coffee chain founded in Beijing in 2017. In April 2020, the company revealed it had inflated its 2019 sales revenue by up to $310 million US dollars. This led to a crash in the stock price. Many investors suffered financial losses, and there now several related lawsuits.  

Last updated:

#Luckin Coffee Stock Fraud & Lawsuit

Recent Reports

J

I lost $240k on Luckin Coffee, all my life savings. Now I'm broke af

3 years ago •reported by user-jhqwf911 • details

I lost $240k on Luckin Coffee, all my life savings. Now I'm broke af. I believed luckin was growing strong and becoming the next asia starbucks. I didn't know they could cheat on balance sheet, and had no idea about VIE structure and that a company can… See more

#luckincoffeestockfraudlawsuit #coffee

I lost $240k on Luckin Coffee, all my life savings. Now I'm broke af photo #1
Y

Luckin Coffee Lawsuits

3 years ago •reported by user-ythdx584 • details

Investors who have suffered losses on Luckin Coffee investments have potential legal claims under U.S. securities laws. Investors who purchased Luckin Coffee ADSs may be able to sue Luckin Coffee, the directors of Luckin Coffee, the Company’s auditor and the underwriters of Luckin Coffee to recover their… See more

#luckincoffeestockfraudlawsuit #coffee

Luckin Coffee Lawsuits photo #1
V

Luckin Coffee Accounting Scandal History

3 years ago •reported by user-vpwbt427 • details

Luckin Coffee is a coffee retailer founded in 2017 based in Xiamen, the People’s Republic of China. Luckin Coffee owns and operates stores selling food and beverages, as well as a mobile application for food and beverage purchases.

On May 17, 2019, Luckin Coffee conducted an Initial… See more

#luckincoffeestockfraudlawsuit #coffee

Luckin Coffee Accounting Scandal History photo #1

Recent Interesting Reports

Umary Acido Hialuronico, Suplemento Alimenticio - recalled due to Undeclared Drug Ingredients, USA

4 days ago •source fda.gov • details

Recall notice

Main Products, Inc. is voluntarily recalling all lots of “Umary Acido Hialuronico, Suplemento Alimenticio to the consumer level. FDA laboratory analysis confirmed that UMARY has been found to be tainted with the drug ingredients, diclofenac and omeprazole. Products containing diclofenac and omeprazole cannot be marketed as dietary… See more

#dietarysupplements #recall #us

Umary Acido Hialuronico, Suplemento Alimenticio - recalled due to Undeclared Drug Ingredients photo #1
321

Bissell Steam Shot Handheld Steam Cleaner recalled due to Burn Hazard, USA

1 week ago •source support.bissell.com • details

Recall notice

BISSELL, in cooperation with the Consumer Product Safety Commission (CPSC) and Health Canada, is recalling over 3 million of its Steam Shot™ Handheld Steam Cleaners due to a risk of causing burns by spewing hot water. The affected products were sold in the U.S. and Canada.

The… See more

#us

Bissell Steam Shot Handheld Steam Cleaner recalled due to Burn Hazard photo #1
319
M

Scammer Meng Zhao, 735 South Figueroa Street, Los Angeles, CA, USA

3 weeks ago •reported by user-mtpw3643 • details

Ordered an American Eagle Acrylic wreath for an exterior door. Shows pictures of s beautiful wreath. Received a CARDBOARD - about the size of a dinner plat. Total flat and certainly not Acrylic. Didn't receive it until it was too late to reverse the charge. Lesson learned...never… See more

#onlineshopping #scam #delivery #onlinescam #735southfigueroastreet #losangeles #california #us

Scammer Meng Zhao photo #1
3.3K

Healthy Living Migraine Relief Tablets - recalled due to Mislabeling, USA

1 day ago •source fda.gov • details

Recall notice

Aurobindo Pharma USA, Inc., on behalf of AuroHealth, is voluntarily recalling one lot of Healthy Living Migraine Relief, Acetaminophen, Aspirin & Caffeine tablets to the consumer level due to the product missing the manufacturer label. The product was distributed through Amazon to be known within the US… See more

#drugs #recall #us

Healthy Living Migraine Relief Tablets - recalled due to Mislabeling photo #1
321

Popular topics

#Lifted Boil Water Advisory #Power Outages #Boil Water Advisory #Drugs #Pet Food #Delivery #Starbucks #DreamBone Dog Treats #Online Scam #Unordered Package #Scam #First Energy #PG&E - Pacific Gas and Electric #Facebook Scam #Cedar Grove #Las Vegas