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Luckin Investors Slam Exit Bids In Suit Over 'Massive' Fraud

By Rachel O'Brien (January 25, 2021, 5:38 PM EST) -- Investors in Chinese-based coffee chain Luckin Coffee urged a New York federal judge not to toss its proposed class action that alleges the company used "sham transactions" to fake hundreds of millions of dollars in sales, perpetrating "massive undisclosed fraud."...

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