Scott+Scott is investigating whether members of Luckin's Board of Directors (the "Board") made, or caused Luckin to make, false and/or misleading statements, as well as failed to disclose material adverse facts, about Luckin's business, operations, prospects, and financial health. Specifically, Scott+Scott is investigating whether the Board failed to disclose material information, including whether: (1) 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; (2) Luckin's financial results thus overstated the Company's financial health and were consequently unreliable; and (3) as a result, statements about Luckin's business, operations, and prospects lacked a reasonable basis.