Investors who lost money with shares of TAL Education Group (NYSE: TAL) should contact the Shareholders Foundation in connection with the Lawsuit

An investor, who purchased shares of TAL Education Group (NYSE: TAL), filed a lawsuit in the U.S. over alleged violations of Federal Securities Laws by TAL Education Group in connection with certain allegedly false and misleading statements.

Investors who purchased shares of TAL Education Group (NYSE: TAL), have certain options and for certain investors are short and strict deadlines running. Deadline: May 30, 2023. NYSE: TAL investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

China based TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China.

On March 14, 2023, an article was published on Seeking Alpha that alleged, among other things, that TAL's subsidiary, Xueersi, had offered courses that "run counter to conventions put in place by Xi Jinping's Common Prosperity drive." Specifically, courses in mathematics and English, which are considered core subjects and must be offered as a strictly non-profit business, were restarted "under the guise of permitted tutoring outside of core subjects."
Shares of TAL Education Group (NYSE: TAL) declined to as low as $5.26 per share on March 14, 2023.
According to the complaint the plaintiff alleges on behalf of purchasers of TAL Education Group (NYSE: TAL) common shares between June 14, 2022 and March 14, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between June 14, 2022 and March 14, 2023, the Defendants failed to disclose to investors that the Company was still providing K9 Academic AST Services, and that as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of TAL Education Group (NYSE: TAL) 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.

This release was published on openPR.