Printed: Aug. 25, 2022 at 4:45 AM CDT
NEW YORK, Aug. 25, 2022 /PRNewswire/ — Levi & Korsinsky, LLP notifies traders in 17 Training & Expertise Group Inc. (“17EdTech” or the “Firm”) (NASDAQ: YQ) of a category motion securities lawsuit.
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CLASS DEFINITIONS: The lawsuit seeks to get better losses on behalf of 17EdTech traders 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 crew:
YQ traders may contact Joseph E. Levi, Esq. by way of electronic mail at [email protected] or by phone at (212) 363-7500.
CASE DETAILS: The filed grievance alleges that the defendants made false statements and/or hid that: (1) 17EdTech’s Ok-12 Educational AST Companies would finish lower than a yr 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) consequently, the defendants’ statements in regards to the Firm’s enterprise, operations, and prospects had been materially false and deceptive and/or lacked an affordable foundation in any respect related instances.
WHAT’S NEXT? When you suffered a loss in 17EdTech throughout the related timeframe, you’ve got till September 19, 2022 to request that the Court docket appoint you as lead plaintiff. Your potential 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, it’s possible you’ll be entitled to compensation with out cost of any out-of-pocket prices or charges. There isn’t a price or obligation to take part.
WHY LEVI & KORSINSKY: Over the previous 20 years, the crew at Levi & Korsinsky has secured a whole bunch of thousands and thousands of {dollars} for aggrieved shareholders and constructed a monitor file of successful high-stakes instances. Our agency has intensive experience representing traders in advanced securities litigation and a crew of over 70 workers to serve our shoppers. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Motion Companies’ Prime 50 Report as one of many prime securities litigation corporations in the US.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, tenth Ground
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP
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