LK SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of a Class Action Involving Luckin Coffee Inc. and a Lead Plaintiff Deadline of April 13, 2020
NEW YORK, NY / ACCESSWIRE / April 8, 2020 / The Law Offices of Vincent Wong remind investors that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased Luckin Coffee Inc. ("Luckin ") (NASDAQ:LK) securities between May 17, 2019 and April 2, 2020.
Click here to learn about the case: http://www.wongesq.com/pslra-1/luckin-coffee-inc-loss-submission-form?wire=1. There is no cost or obligation to you.
According to the complaint, throughout the Class Period, the Company issued materially false and misleading statements and/or failed to disclose that: (i) certain of Luckin's financial performance metrics, including per-store per-day sales, net selling price per item, advertising expenses, and revenue contribution from "other products" were inflated; (ii) Luckin's financial results thus overstated the Company's financial health and were consequently unreliable; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
If you suffered a loss in Luckin you have until April 13, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra-1/luckin-coffee-inc-loss-submission-form?wire=1.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
SOURCE: The Law Offices of Vincent Wong
ReleaseID: 584441