11/05 Federman & Sherwood Announces Investigation to File Securities Lawsuit for Investors in Luckin Coffee Inc.
Oklahoma City, OK (November 3, 2020) – Investors who lost more than $100,000 (US) in Luckin Coffee Inc. (OTC Pink: LKNCY) should consider contacting Federman & Sherwood if interested in recovering their losses. Luckin admitted that it committed financial fraud and was recently, along with affiliates, fined for engaging in sales fraud with more penalties possible. Allegations are based on Luckin having issued misrepresentations that may have had the effect of artificially inflating its stock price between May 17, 2019 through April 2, 2020, inclusive. In addition investor who bought in the Company’s public offering conducted on or around May […]