Luckin Coffee Inc has agreed to pay a US$180 million penalty to settle accounting fraud charges for "intentionally and materially" overstating its 2019 revenue and understating a net loss, US regulators said on Wednesday (Dec 16).
from Latest News https://ift.tt/2IWqVgN
Luckin Coffee to pay US$180 million penalty to settle accounting fraud charges: US SEC
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment