Lufax Investors Eligible to Lead Securities Fraud Lawsuit

Rosen Law Firm Reminds Lufax Shareholders of Upcoming Lead Plaintiff Deadline

Mar. 28, 2026 at 10:35pm

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Rosen Law Firm, a global investor rights law firm, is reminding purchasers of Lufax Holding Ltd (NYSE: LU) securities between April 7, 2023 and January 26, 2025 that they may be entitled to compensation through a securities class action lawsuit first filed by the firm. The deadline for investors to move the court to serve as lead plaintiff is May 20, 2026.

Why it matters

The lawsuit alleges that Lufax made false and misleading statements about its internal controls and financial reporting, which resulted in investor losses when the truth came to light. As a leading securities class action firm, Rosen Law Firm is encouraging investors to consider serving as lead plaintiff to direct the litigation on behalf of the class.

The details

According to the lawsuit, Lufax defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Lufax lacked adequate internal controls; (2) certain of Lufax's financial results were materially misstated; and (3) as a result, defendants' statements about Lufax's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

  • The Class Period is from April 7, 2023 to January 26, 2025, both dates inclusive.
  • The deadline for investors to move the court to serve as lead plaintiff is May 20, 2026.

The players

Rosen Law Firm

A global investor rights law firm that is representing investors in the Lufax securities fraud lawsuit.

Lufax Holding Ltd

A financial technology company based in China that is the defendant in the securities fraud lawsuit.

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What they’re saying

“We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition.”

— Laurence Rosen, Founding Partner, Rosen Law Firm

What’s next

Investors have until May 20, 2026 to move the court to serve as lead plaintiff in the Lufax securities fraud lawsuit.

The takeaway

This case highlights the importance for investors to carefully select experienced legal counsel to represent them in securities class actions, as the choice of lead plaintiff can significantly impact the outcome of the litigation.