Class action law firms Kessler Topaz Meltzer & Check and Bernstein Litowitz Berger & Grossmann stand to receive up to one-quarter of a proposed $175 million settlement in a lawsuit against what was once China’s fastest-growing competitor to Starbucks.

Attorneys said in a court filing that the settlement, which won preliminary approval on Tuesday, was an “excellent result” for a class of investors who accused Luckin Coffee Inc. of fabricating revenue in order to boost its share price.