Luckin Coffee Investor Attys Nab $30M Fees From $175M Deal
By Katryna Perera ( July 22, 2022, 8:31 PM EDT) -- A New York federal judge awarded $30 million to the attorneys who secured a $175 million cash settlement for a class of investors that sued now-defunct Luckin Coffee Inc. and who alleged the Beijing-based company used "sham transactions" to fake hundreds of millions of dollars in sales....
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