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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

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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
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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

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