Muddy Waters is Short Luckin Coffee Inc. (LK)

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Luckin Coffee (LK) Says Anonymous Report Contains Misleading and False Allegations

February 3, 2020 7:39 AM EST

Luckin Coffee Inc. (NASDAQ: LK) today issued the following responses to misleading and false allegations contained in an anonymous report, which was made public on January 31, 2020 by a short seller who may benefit from this meritless Report.

Luckin Coffee categorically denies all allegations in the Report. The methodology of the Report is flawed, the evidence is unsubstantiated, and the allegations are unsupported speculations and malicious interpretations of events. The Report also attacks members of Luckin Coffees management team, shareholders, and business partners and its claims are either false, misleading or entirely irrelevant.... More