Class Action Lawsuit Filed Against Lufax Holding Ltd. (NYSE: LU) Over Financial Misstatements
A class action lawsuit has been filed against Lufax Holding Ltd. (NYSE: LU) by Berger Montague PC, alleging misrepresentation and failure to disclose inadequate internal controls and misstated financial results. The lawsuit claims that Lufax's stock price dropped significantly after it announced the removal of its auditor, PricewaterhouseCoopers, due to concerns over financial disclosures. Investors who purchased shares during the Class Period have until May 20, 2026, to seek lead plaintiff status.
Tickers: $LU
Topics: auditor removal class action financial misstatement internal controls investor rights