Lufax Holding Ltd. Securities Class Action

Class Period

April 7, 2023 - January 26, 2025

Motion Deadline

May 20, 2026|22 days left

Please submit the form below if you believe you have incurred losses.

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Allegations

on January 27, 2025, Lufax announced that it was proposing to remove its auditor, PricewaterhouseCoopers (“PwC”), because PwC had significant concerns about Lufax’s financial disclosures and, in particular, the Company’s 2022 and 2023 Annual Reports. PwC’s concerns were such that its audit opinions for the 2022 and 2023 Annual Reports were no longer to be relied upon. On this news, Lufax’s American Depositary Share price fell nearly 22% over three trading sessions.

Lead Plaintiff

If you have qualifying losses, you may be eligible to serve as Lead Plaintiff. Acting as a representative for all class members seeking recovery in the lawsuit, the Lead Plaintiff plays an important role in the litigation, including selecting a law firm to serve as Lead Counsel and approving the final settlement. There is no cost whatsoever to seek or participate as a Lead Plaintiff. The Lead Plaintiff may also receive a monetary award for their participation in the suit.

About the Firm

Founded in 1936, Pomerantz LLP is the oldest law firm in the world dedicated to championing investor rights. Throughout its history, the Firm has won landmark decisions that have initiated historic corporate governance reforms and shaped the law to better protect shareholders. Pomerantz has successfully resolved hundreds of securities class actions as Lead Counsel, recovering billions of dollars on behalf of defrauded investors with many settlements breaking previously held records. Pomerantz is headquartered in New York City, with offices in Los Angeles, Chicago, Paris, London, and Tel Aviv.