The Gross Law Firm Announces Class Actions on Behalf of Shareholders of LK, BDX and VMW
LK)
A class action has commenced on behalf of certain shareholders in Luckin Coffee Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) certain of Luckin’s financial performance metrics, including per-store per-day sales, net selling price per item, advertising expenses, and revenue contribution from “other products” were inflated; (ii) Luckin’s financial results thus overstated the Company’s financial health and were consequently unreliable; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.
https://securitiesclasslaw.com/securities/luckin-coffee-inc-loss-submission-form/?id=5936&from=1” data-reactid=”16″>Shareholders may find more information at https://securitiesclasslaw.com/securities/luckin-coffee-inc-loss-submission-form/?id=5936&from=1
BDX)
A class action has commenced on behalf of certain shareholders in Becton Dickinson & Company. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) certain of Becton’s Alaris infusion pumps experienced software errors and alarm prioritization issues; (2) as a result, the Company was investing in remediation efforts to address these product issues, rather than a software upgrade to “make enhancements;” (3) the Company was reasonably likely to face regulatory delays in connection with the software remediation; (4) as a result of the foregoing, Becton was reasonably likely to recall certain of its Alaris infusion pumps; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.
https://securitiesclasslaw.com/securities/becton-dickinson-company-loss-submission-form/?id=5936&from=1” data-reactid=”20″>Shareholders may find more information at https://securitiesclasslaw.com/securities/becton-dickinson-company-loss-submission-form/?id=5936&from=1
VMW)
