Press release
Deadline on August 26, 2019 in Lawsuit for Investors in shares of Sunlands Technology Group (NYSE: STG) upcoming
A Deadline is coming up on August 26, 2019 in the lawsuit for certain investors in Sunlands Technology Group (NYSE: STG).
Investors who purchased shares of Sunlands Technology Group (NYSE: STG have certain options and there are strict and short deadlines running. Deadline: August 26, 2019. NYSE: STG stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Eastern District of New York the plaintiff alleges on behalf of purchasers of Sunlands Technology Group (NYSE: STG) common shares that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the defendants made false and/or misleading statements and/or failed to disclose that Sunlands’s student enrollment was declining, that Sunlands’s gross billings were declining, that Sunlands’s marketing tactics were not as robust as described in the Registration Statement, and that as a result, defendants’ statements about Sunlands’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Those who purchased shares of Sunlands Technology Group (NYSE: STG) have certain options and should contact the Shareholders Foundation.
Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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