Press release
Investigation announced for Long-Term Investors in shares of GSX Techedu Inc. (NYSE: GSX)
An investigation on behalf of current long term investors in GSX Techedu Inc. (NYSE: GSX) shares.
Investors who are current long term investors in GSX Techedu Inc. (NYSE: GSX) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NYSE: GSX stocks follows a lawsuit filed against GSX Techedu Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: GSX stocks, concerns whether certain GSX Techedu directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the District of New Jersey the plaintiff alleges that the Defendants made false and/or misleading statements and/or failed to disclose that GSX Techedu Inc overstated its profitability, revenue, student enrollment figures, teacher qualifications, and teacher selection process, that the foregoing, once revealed, was foreseeably likely to have a material negative impact on the Company’s financial results, and that as a result, the Company’s public statements were materially false and misleading at all relevant times.
Those who purchased shares of GSX Techedu Inc. (NYSE: GSX) 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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