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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.
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Luckin Coffee 80 percent Loss
4 years ago •reported by user-kgyrj317 • details
#luckincoffeestockfraudlawsuit #coffee
I lost $240k on Luckin Coffee, all my life savings. Now I'm broke af
4 years ago •reported by user-jhqwf911 • details
#luckincoffeestockfraudlawsuit #coffee
Luckin Coffee Lawsuits
4 years ago •reported by user-ythdx584 • details
#luckincoffeestockfraudlawsuit #coffee
Luckin Coffee Accounting Scandal History
4 years ago •reported by user-vpwbt427 • details
On May 17, 2019, Luckin Coffee conducted an Initial… See more
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