{"id":964050,"date":"2026-05-18T09:26:02","date_gmt":"2026-05-18T13:26:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lufax-holding-ltd-nyse-lu-class-action-deadline-approaching-berger-montague-advises-investors-to-inquire-about-a-securities-fraud-class-action-by-may-20-2026\/"},"modified":"2026-05-18T09:26:02","modified_gmt":"2026-05-18T13:26:02","slug":"lufax-holding-ltd-nyse-lu-class-action-deadline-approaching-berger-montague-advises-investors-to-inquire-about-a-securities-fraud-class-action-by-may-20-2026","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lufax-holding-ltd-nyse-lu-class-action-deadline-approaching-berger-montague-advises-investors-to-inquire-about-a-securities-fraud-class-action-by-may-20-2026\/","title":{"rendered":"LUFAX HOLDING LTD. (NYSE: LU) CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action by May 20, 2026"},"content":{"rendered":"
\n

PHILADELPHIA, May 18, 2026 (GLOBE NEWSWIRE) — National plaintiffs\u2019 law firm Berger Montague PC<\/u><\/a> announces a class action lawsuit against Lufax Holding Ltd. (NYSE: LU) <\/strong>(\u201cLufax\u201d or the \u201cCompany\u201d) on behalf of investors who purchased or acquired Lufax American Depositary Shares (\u201cADSs\u201d) during the period from April 7, 2023 through January 26, 2025 <\/strong>(the \u201cClass Period\u201d).<\/p>\n

\n
\n Investor Deadline:<\/em>
\n <\/strong>
\n Investors who purchased or acquired <\/em>
\n
\n Lufax<\/em>
\n <\/strong>
\n securities during the Class Period may, no later than <\/em>
\n
\n May 20, 2026<\/em>
\n <\/strong>
\n , seek to be appointed as a lead plaintiff representative of the class. To learn your rights,<\/em>
\n
\n
\n CLICK HERE<\/u>
\n <\/strong>
\n <\/a>
\n .<\/strong>\n <\/p>\n

The lawsuit alleges that, throughout the Class Period, Defendants misrepresented and\/or failed to disclose that: (1) Lufax lacked adequate internal controls; and (2) certain of Lufax\u2019s financial results were materially misstated.<\/p>\n

On January 27, 2025, Lufax announced that it was proposing to remove its auditor, PricewaterhouseCoopers (\u201cPwC\u201d), because PwC had raised significant concerns about Lufax\u2019s financial disclosures \u2013 including with respect to related-party transactions \u2013 and that its audit opinions for the 2022 and 2023 Annual Reports were no longer to be relied upon.<\/p>\n

On this news, the price of Lufax\u2019s ADSs fell $0.40 per ADS, or more than 13%, to close at $2.49 per ADS on January 27, 2025. The price of the ADSs continued to decline over the next two trading days.<\/p>\n

\n
\n If you are a Lufax investor and would like to learn more about this action, <\/em>
\n <\/strong>
\n
\n
\n
\n CLICK HERE<\/u>
\n <\/em>
\n <\/strong>
\n <\/a>
\n
\n or please contact Berger Montague: Andrew Abramowitz at <\/em>
\n <\/strong>
\n
\n
\n
\n aabramowitz@bergermontague.com<\/u>
\n <\/em>
\n <\/strong>
\n <\/a>
\n
\n or (215) 875-3015, or Caitlin Adorni at <\/em>
\n <\/strong>
\n
\n
\n
\n cadorni@bergermontague.com<\/u>
\n <\/em>
\n <\/strong>
\n <\/a>
\n
\n or (267)764-4865.<\/em>
\n <\/strong>\n <\/p>\n

\n About Berger Montague<\/strong>
\n
Berger Montague is one of the nation\u2019s preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.<\/p>\n

\n For more information or to discuss your rights, please contact:<\/strong>\n <\/p>\n

Andrew Abramowitz
Berger Montague
(215) 875-3015
aabramowitz@bergermontague.com<\/p>\n

Caitlin Adorni
Berger Montague
(267) 764-4865
cadorni@bergermontague.com<\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

PHILADELPHIA, May 18, 2026 (GLOBE NEWSWIRE) — National plaintiffs\u2019 law firm Berger Montague PC announces a class action lawsuit against Lufax Holding Ltd. (NYSE: LU) (\u201cLufax\u201d or the \u201cCompany\u201d) on behalf of investors who purchased or acquired Lufax American Depositary Shares (\u201cADSs\u201d) during the period from April 7, 2023 through January 26, 2025 (the \u201cClass Period\u201d). Investor Deadline: Investors who purchased or acquired Lufax securities during the Class Period may, no later than May 20, 2026 , seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE . The lawsuit alleges that, throughout the Class Period, Defendants misrepresented and\/or failed to disclose that: (1) Lufax lacked adequate internal controls; and (2) certain … <\/p>\n

Continue reading “LUFAX HOLDING LTD. (NYSE: LU) CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action by May 20, 2026”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-964050","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLUFAX HOLDING LTD. 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The lawsuit alleges that, throughout the Class Period, Defendants misrepresented and\/or failed to disclose that: (1) Lufax lacked adequate internal controls; and (2) certain … Continue reading "LUFAX HOLDING LTD. 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(NYSE: LU) (\u201cLufax\u201d or the \u201cCompany\u201d) on behalf of investors who purchased or acquired Lufax American Depositary Shares (\u201cADSs\u201d) during the period from April 7, 2023 through January 26, 2025 (the \u201cClass Period\u201d). Investor Deadline: Investors who purchased or acquired Lufax securities during the Class Period may, no later than May 20, 2026 , seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE . The lawsuit alleges that, throughout the Class Period, Defendants misrepresented and\/or failed to disclose that: (1) Lufax lacked adequate internal controls; and (2) certain … Continue reading \"LUFAX HOLDING LTD. 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