RADNOR, Pa., March 05, 2022 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against TAL Education Group (“TAL”) (NYSE:TAL). The action charges TAL with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects. As a result of TAL’s materially misleading statements to the public, TAL investors have suffered significant losses.
Kessler Topaz is one of the world’s foremost advocates in protecting the public against corporate fraud and other wrongdoing. Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.
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CLICK HERE TO SUBMIT YOUR TAL LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://www.ktmc.com/tal-class-action-lawsuit?utm_source=PR&utm_medium=link&utm_campaign=tal
LEAD PLAINTIFF DEADLINE: April 5, 2022
CLASS PERIOD: April 26, 2018 through July 22, 2021
CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
James Maro, Esq. (484) 270-1453 or Email at [email protected]
TAL’S ALLEGED MISCONDUCT
TAL provides K-12 after-school tutoring services in the People’s Republic of China. Specifically, the company offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese.
On April 25, 2021, media reports revealed that the city of Beijing had fined four online education agencies, including TAL, the maximum fine of 500,000 yuan (approximately…