From reuters.com Embattled Chinese coffee chain Luckin Coffee said on Wednesday its board had found no evidence of misconduct against Chief Executive...
From marketwatch.com Starbucks Corp.’s stock SBUX, +0.81% edged up in Tuesday trading, putting it on track to snap a five-say losing streak,...
From restaurantbusinessonline.com Last week, the Chinese coffee chain Luckin Coffee declared bankruptcy in the U.S., hoping to hold off a bunch of...
From cnbc.com Luckin Coffee has agreed to pay a $180 million penalty to settle accounting fraud charges for “intentionally and materially” overstating...
There’s no compelling reason to get excited about this stock. The only real news out there is that Chinese regulatory authorities will...
From: investorplace.com While Luckin Coffee has ousted the executive team that was in charge when the fraudulent accounting took place, big question...
In InvestorPlace’s financial newsletter The Daily 10X Stock Report, which is aimed at delivering to your inbox, every single day, a stock pick that could...
Sometimes it’s perfectly okay to flip-flop on a stock. Recently I looked through the news developments concerning Luckin, and I didn’t see...
China’s markets regulator said on Tuesday it has fined a group of 45 firms including Luckin Coffee a combined 61 million yuan...
Luckin Coffee Inc. (the “Company”) (OTC:LKNCY) today announced the re-appointment of Mr. Sean Shao as an independent director to its Board of Directors...
Chinese regulators said they would penalise Luckin Coffee after confirming accounting fraud that has already forced the company to delist from the...
The Company received a letter of resignation on August 3, 2020 from Ms. Jie Yang and Ms. Ying Zeng, respectively, under which...
Chinese ride-hailing services provider UCar, which is controlled by Charles Zhengyao Lu, co-founder of scandal hit Luckin Coffee, said on Monday it...
Luckin Coffee Inc. (the “Company”) (OTC:LKNCY) today announced that the Grand Court of the Cayman Islands has appointed Alexander Lawson of Alvarez...
Earlier this month, the China-based coffee chain wound up an internal probe into fake annual sales of about $300 million, following which...
Investors in China's Luckin Coffee (OTC:LKNC.Y) have had to deal with a lot of surprises this year. Revelations of fraudulent accounting practices led to a long suspension...