Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of Lufax Holding Ltd (NYSE: LU) resulting from allegations that Lufax may have issued materially misleading business information to the investing public.
If you purchased Lufax securities and would like to join the prospective action, please click “Join This Class Action.”
On January 27, 2025, Lufax filed with the SEC a current report on Form 6-K. Attached to the current report as an exhibit was an announcement which stated that Lufax’s board had proposed to remove Lufax’s auditors, and that there was a possible delay in the publication of Lufax’s 2024 annual report (which in fact did occur).
On this news, Lufax American Depositary Shares (“ADSs”) fell 13.8% on January 27, 2025.
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