NYSE:LUConsumer Finance
Why Lufax Holding (LU) Is Down 6.9% After Auditor Ouster Plan And Legal Probes - And What's Next
Lufax Holding disclosed in January 2025 that its board proposed removing the company’s auditors and warned of a possible delay to its 2024 annual report, prompting multiple U.S. law firms to launch investigations into potential securities law violations.
At the same time, Lufax’s March 2026 regulatory filing showed its authorized share capital structure unchanged at 10 billion shares, underscoring that governance and disclosure concerns, rather than capital changes, sit at the center of...