WELLINGTON, Fla., April 10, 2020 /PRNewswire/ -- Barbuto & Johansson, P.A. ("BARJO") and Of Counsel, Neil Rothstein, Esq. (with over 30 years of Securities Class Action Experience, including cases against ENRON and Halliburton) informs investors that a class action lawsuit has been filed, expanding the class definition in earlier filed cases, on behalf of purchasers of the securities of Luckin Coffee Inc. (NASDAQ: LK): (1) from May 17, 2019 through April 6, 2020, inclusive (the "Class Period"); (2) in or traceable to the Company's public offering of ADSs conducted on or around May 17, 2019 (the "IPO"); and/or (3) in or traceable to the Company's public offering of ADSs conducted on or around January 10, 2020 (the "2020 Offering"). The lawsuit seeks to recover damages for Luckin investors under the federal securities laws.  Purchasers of Luckin stock (except defendants) at any time through April 6, 2020 may contact the attorneys below immediately.

In addition to the class period expansion, on April 9, 2020, the Nasdaq Stock Market® announced that the trading halt status in Luckin Coffee Inc. was changed to "additional information requested" from the Company. Trading in the company's stock had been halted on April 7, 2020 at 9:15:25 Eastern Time for "news pending" at a last sale price of $4.39. Trading will remain halted until Luckin Coffee Inc. has fully satisfied Nasdaq's request for additional information.

Luckin investors have until April 13, 2020 to file a lead plaintiff motion with the Court.

If you purchased shares in Luckin Coffee,  contact Anthony Barbuto, at (888) 715-2520 or via email at anthony@barjolaw.com; or Neil Rothstein at (330) 860-4092 or email at neil@barjolaw.com.  An attorney will contact you to discuss this case, your options as a class member or any questions you have about this process.

Barbuto & Johansson, P.A.

Anthony Barbuto, Esq.
1-888-715-2520
12773 Forest Hill Blvd., 101
Wellington, FL 33414
www.barjolaw.com

Cision View original content:http://www.prnewswire.com/news-releases/barbuto--johansson-litigation-update-luckin-coffee-nasdaq-lk-trading-halt-class-action-expansion-april-13-2020-application-deadline-301038730.html

SOURCE Barbuto & Johansson, P.A.

Copyright 2020 PR Newswire

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