Levi & Korsinsky Notifies 17 Schooling & Know-how Group Inc. Traders of a Class Motion Lawsuit and Upcoming Deadline

Revealed: Sept. 7, 2022 at 11:45 PM HST|Up to date: 22 hours in the past

NEW YORK, Sept. 8, 2022 /PRNewswire/ — Levi & Korsinsky, LLP notifies buyers in 17 Schooling & Know-how Group Inc. (“17EdTech” or the “Firm”) (NASDAQ: YQ) of a category motion securities lawsuit.

Levi & Korsinsky, LLP (PRNewsfoto/Levi & Korsinsky, LLP)
Levi & Korsinsky, LLP (PRNewsfoto/Levi & Korsinsky, LLP)(PRNewswire)

CLASS DEFINITIONS: The lawsuit seeks to get well losses on behalf of 17EdTech buyers who had been adversely affected by alleged securities fraud. This lawsuit is on behalf of individuals or entities who bought or in any other case acquired publicly traded 17EdTech securities pursuant and/or traceable to the registration assertion and associated prospectus issued in reference to 17EdTech’s December 2020 preliminary public providing. Observe the hyperlink beneath to get extra info and be contacted by a member of our workforce:

YQ buyers might also contact Joseph E. Levi, Esq. through e-mail at [email protected] or by phone at (212) 363-7500.

CASE DETAILS: The filed criticism alleges that the defendants made false statements and/or hid that: (1) 17EdTech’s Ok-12 Tutorial AST Providers would finish lower than a 12 months after the Firm’s preliminary public providing; (2) as a part of its ongoing regulatory efforts, Chinese language authorities would imminently curtail and/or finish 17EdTech’s core enterprise; and (3) because of this, the defendants’ statements concerning the Firm’s enterprise, operations, and prospects had been materially false and deceptive and/or lacked an inexpensive foundation in any respect related instances.

WHAT’S NEXT? In the event you suffered a loss in 17EdTech throughout the related time-frame, you may have till September 19, 2022 to request that the Courtroom appoint you as lead plaintiff. Your capacity to share in any restoration would not require that you just function a lead plaintiff.

NO COST TO YOU: If you’re a category member, you might be entitled to compensation with out fee of any out-of-pocket prices or charges. There isn’t any value or obligation to take part.

WHY LEVI & KORSINSKY: Over the previous 20 years, the workforce at Levi & Korsinsky has secured tons of of tens of millions of {dollars} for aggrieved shareholders and constructed a observe file of successful high-stakes instances. Our agency has in depth experience representing buyers in complicated securities litigation and a workforce of over 70 workers to serve our purchasers. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Motion Providers’ Prime 50 Report as one of many prime securities litigation companies in the US.

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, tenth Flooring
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171

View authentic content material to obtain multimedia:

SOURCE Levi & Korsinsky, LLP

The above press launch was supplied courtesy of PRNewswire. The views, opinions and statements within the press launch should not endorsed by Grey Media Group nor do they inevitably state or replicate these of Grey Media Group, Inc.