Law Firms Invite Lufax Investors to Seek Lead Plaintiff Role Before May 20 Deadline

Overview

• DJS Law Group and The Schall Law Firm issued notices inviting investors who bought Lufax shares from April 7, 2023 to January 26, 2025 to contact them by May 20, 2026.
• The complaint alleges Lufax made false or misleading statements, misstated financial results, and failed to maintain adequate internal controls.
• The firms say shareholders lost money after the market learned the alleged problems at the company.
• The court has not certified a class, so no lead plaintiff or counsel has been appointed yet.
• In these cases, the lead plaintiff directs the lawsuit and chooses counsel, and the notices are attorney advertising with contact details.