Luckin Coffee Scandal
The Latest
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Luckin Coffee To Pay $180 Million To Settle SEC Probe
The $180 Million settlement will end the SEC's probe into Luckin Coffee's alleged accounting fraud. The $180 Million settlement will end the SEC's probe into Luckin Coffee's alleged accounting fraud. -
Luckin Coffee Shareholders Reportedly Vote To Oust Chairman
Lu Zhengyao's reported ouster came after a board vote last week failed to garner enough votes to replace him. Lu Zhengyao's reported ouster came after a board vote last week failed to garner enough votes to replace him. -
NASDAQ Threatens Delisting Of Luckin Coffee's Shares Over Misconduct
Luckin Coffee received a letter from the US exchange, informing it of a decision to delist its shares made by its listing qualifications staff. Luckin Coffee received a letter from the US exchange, informing it of a decision to delist its shares made by its listing qualifications staff. -
Two Chinese Startups Barred From Listing On Star Market Over Misleading Reports
Zhejiang Hangke Technology and Ningbo Ronbay New Energy Technology have been barred from listing their shares on the Star Market for the next 12 months. Zhejiang Hangke Technology and Ningbo Ronbay New Energy Technology have been barred from listing their shares on the Star Market for the next 12 months.