The State Department proposes adding Jack Ma's Ant Group to a trade blacklist as the company plans to list an IPO in Hong Kong and Shanghai. Drew Bernstein, Marcum Bernstein & Pinchuk Co-Chairman, joins Yahoo Finance's Akiko Fujita to discuss.
Kyros Law Offices is alerting investors of Luckin Coffee (NASDAQ: LK) that it is investigating filing legal claims against the company for possible securities fraud violations committed by Luckin Coffee (NASDAQ: LK).
The law firms of Kessler Topaz Meltzer & Check, LLP and Bernstein Litowitz Berger & Grossmann LLP, as Co-Lead Counsel, announce that the court-appointed Lead Plaintiff represented by the firms have filed a Consolidated Complaint in the securities fraud class action lawsuit pending against Luckin Coffee Inc. ("Luckin") (formerly trading Nasdaq: LK; now OTC: LKNCY). This action, captioned In Re Luckin Coffee Inc. Securities Litigation, Case No. 1:20-cv-01293-LJL-JLC, was filed in the United States District Court for the Southern District of New York and alleges violations of federal securities laws on behalf of Luckin investors who purchased or acquired the American Depository Shares ("ADS") of Luckin from May 17, 2019 through April 1, 2020, inclusive (the "Class Period"), including those who purchased ADSs in or traceable to Luckin’s initial public offering on or about May 17, 2019 (the "IPO"), or Luckin’s secondary public offering on or about January 10, 2020 (the "SPO").