17 Education & Technology Class Action Lawsuit YQ | Deadline September 19, 2022
Announcement! The 17 Education & Technology Group Inc. (17 Education & Technology Class Action Lawsuit) securities purchased or otherwise acquired by investors pursuant and/or traceable to the registration statement and related prospectus issued in connection with 17EdTech’s December 2020 initial public offering are eligible to participate in the YQ Lawsuit.
According to the YQ lawsuit, the defendants allegedly made the following claims during the Class Period and/or omitted to disclose them:
(1) Less than a year following the company’s initial public offering, 17EdTech’s K-12 Academic AST Services would come to an end;
(2) Chinese authorities would immediately reduce and/or stop 17EdTech’s core operation as part of their ongoing regulatory initiatives; and
(3) Because of this, the defendant’s claims regarding the Company’s operations, business, and prospects were materially false and misleading and/or lacked a solid foundation at all pertinent times.
If you suffered a loss in YQ Lawsuit, you have until September 19, 2022, to request that the Court appoint you as the lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
17 Education & Technology Class Action Lawsuit (YQ Lawsuit)
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