LU Deadline: LU Investors Have Opportunity to Lead Lufax Holding Ltd Securities Fraud Lawsuit First Filed by the Firm
The Rosen Law Firm has reminded purchasers of securities of Lufax Holding Ltd (NYSE: LU) that they may be entitled to compensation as part of a securities class action. This notification pertains to individuals who purchased Lufax securities between April 7, 2023, and January 26, 2025, both dates inclusive. An important deadline for the class action is May 20, 2026.
Investors who acquired Lufax securities during the specified class period can join the class action without incurring out-of-pocket fees or costs through a contingency fee arrangement. Interested parties can visit the firm’s website or contact Phillip Kim, Esq. toll-free for more information.
The class action lawsuit alleges that during the class period, the defendants made false and misleading statements and failed to disclose critical information regarding Lufax's internal controls and financial reporting. As a result, investors are said to have suffered damages when the true details became public.
Individuals wishing to serve as lead plaintiff must make a motion to the court by the May 20, 2026 deadline. While the firm encourages investors to consult qualified legal counsel, it also notes that no class has yet been certified, meaning individuals are not represented unless they choose to retain counsel.
For further updates, parties can follow the Rosen Law Firm on its social media platforms including LinkedIn, Twitter, and Facebook.
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