Luckin Coffee

The chain is seeking protection as it financially restructures.

The chain allegedly fabricated more than $300 million in revenue.

Some shareholders are objecting to how votes were tallied.

Company was delisted from Nasdaq on Monday.

Luckin Coffee Receives Second Delisting Notice from Nasdaq

Company is scheduled to remove several board members in July.

Coffee chain will challenge the delisting in a hearing.

Some $5 billion of the company’s market value disappeared after the news.

A document states it has evidence from videotapes and thousands of receipts.