Core Viewpoint - The Schall Law Firm is investigating claims against Lufax Holding Ltd for potential violations of securities laws, particularly focusing on misleading statements and undisclosed information that may have affected investors [1][2]. Group 1: Investigation Details - The investigation centers on whether Lufax issued false or misleading statements and failed to disclose critical information to investors [2]. - Lufax filed a current report on Form 6-K with the SEC on January 27, 2025, indicating that its board proposed the removal of its auditors, which caused a delay in the publication of its 2024 annual report [2]. - Following the announcement regarding the auditor removal, Lufax's American Depositary Shares (ADSs) experienced a decline of 13.8% on the same day [2]. Group 2: Legal Representation - The Schall Law Firm is representing investors globally and specializes in securities class action lawsuits and shareholder rights litigation [3]. - Shareholders who have suffered losses are encouraged to contact the Schall Law Firm for a free discussion of their rights [3].
LU Investors Have Opportunity to Join Lufax Holding Ltd Fraud Investigation with the Schall Law Firm