Press release
Investigation announced for Long-Term Investors in Tarena International, Inc. (NASDAQ: TEDU) shares
An investigation on behalf of current long term investors in Tarena International, Inc. (NASDAQ: TEDU) shares.
Investors who are current long term investors in Tarena International, Inc. (NASDAQ: TEDU) 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 NASDAQ: TEDU stocks follows a lawsuit filed against Tarena International, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: TEDU stocks, concerns whether certain Tarena International, Inc. 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 Eastern District of New York the plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that certain employees were interfering with external audits of Tarena’s financial statements for certain periods, that Tarena suffered from revenue and expense inaccuracies, that Tarena engaged in business transactions with organizations owned, invested in or controlled by Tarena employees or their family members, which in some instances were not properly disclosed by Tarena, that as a result of the foregoing, Tarena’s financial statements from 2014 through the end of Class Period were not accurate, and that as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Those who purchased shares of Tarena International, Inc. (NASDAQ: TEDU) have certain options and should contact the Shareholders Foundation.
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 lawsuits, 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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