Luckin Coffee Scandal

The Latest

  • Luckin Coffee To Pay $180 Million To Settle SEC Probe
    Luckin Coffee
    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
    Luckin Coffee
    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
    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
    China Star Market
    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.