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CLASS ACTION UPDATE for LK, HAFC and NCLH: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders


NEW YORK, NY / ACCESSWIRE / April 7, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. There is no cost or obligation to you.

Luckin Coffee Inc. (LK)
LK Lawsuit on behalf of:
investors who purchased May 17, 2019 - April 2, 2020
Lead Plaintiff Deadline: April 13, 2020
Join the action: https://www.zlk.com/pslra-1/luckin-coffee-inc-loss-form?wire=3&prid=5938

The lawsuit alleges: Luckin Coffee Inc. made materially false and/or misleading statements throughout the class period 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.

To learn more about the Luckin Coffee Inc. class action, contact jlevi@levikorsinsky.com.

Hanmi Financial Corporation (HAFC)
HAFC Lawsuit on behalf of:
investors who purchased August 12, 2019 - January 28, 2020
Lead Plaintiff Deadline: May 26, 2020
Join the action: https://www.zlk.com/pslra-1/hanmi-financial-corporation-loss-form?wire=3&prid=5938

The lawsuit alleges: Hanmi Financial Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) the $40.7 million troubled loan that the Company disclosed on conference calls would necessitate further and future specific provisions for the Company - in the millions; (2) the same $40.7 million troubled loan would necessitate the Company to appraise and take personal property securing a portion of the amount of the loan; and (3) as a result, Defendants' public statements were materially false and misleading at all relevant times.

To learn more about the Hanmi Financial Corporation class action, contact jlevi@levikorsinsky.com.

Norwegian Cruise Line Holdings Ltd. (NCLH)
NCLH Lawsuit on behalf of:
investors who purchased February 20, 2020 - March 12, 2020
Lead Plaintiff Deadline: May 11, 2020
Join the action: https://www.zlk.com/pslra-1/norwegian-cruise-line-holdings-ltd-loss-form?wire=3&prid=5938

The lawsuit alleges: Norwegian Cruise Line Holdings Ltd. made materially false and/or misleading statements throughout the class period and/or failed to disclose that: (1) the Company was employing sales tactics of providing customers with unproven and/or blatantly false statements about COVID-19 to entice customers to purchase cruises, thus endangering the lives of both their customers and crew members; and (2) as a result, Defendants' statements regarding the Company's business and operations were materially false and misleading and/or lacked a reasonable basis at all relevant times.

To learn more about the Norwegian Cruise Line Holdings Ltd. class action, contact jlevi@levikorsinsky.com.

You have until the lead plaintiff deadlines to request the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP



View source version on accesswire.com:
https://www.accesswire.com/584256/CLASS-ACTION-UPDATE-for-LK-HAFC-and-NCLH-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders