NOTICE TO TEDU INVESTORS: ROSEN, A TOP RANKING LAW FIRM, files a securities class action lawsuit against Tarena International, Inc.
NEW YORK, June 23, 2021 / PRNewswire / – Rosen Law Firm, a global investor rights law firm, announces that it has filed a class action lawsuit on behalf of the buyers of securities of Tarena International, Inc. (NASDAQ: TEDU) between Aug 16, 2016 and November, 1st, 2019 inclusive (the “Class Period”). The lawsuit seeks to recover damages for Tarena’s investors under federal securities laws.
To join the Tarena class action lawsuit, go to http://www.rosenlegal.com/cases-register-2094.htmlhttp://www.rosenlegal.com/cases-register-1961.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by email [email protected] or [email protected] for more information on the class action.
According to the lawsuit, the defendants throughout the Class Period made false and / or misleading statements and / or failed to disclose that: (1) certain employees were interfering with the external audits of Tarena’s financial statements for certain periods ; (2) Tarena suffered from income and expense inaccuracies; (3) Tarena has engaged in business transactions with organizations owned, vested in or controlled by Tarena employees or members of their families, which in some cases have not been properly disclosed by Tarena; (4) due to the foregoing, Tarena’s 2014 financial statements at the end of the Class Period were not accurate; and (5) accordingly, the Defendants’ statements regarding its business, operations and prospects were materially false and misleading and / or lacked reasonable basis at all relevant times. When the real details entered the market, the lawsuit claims that investors have suffered damage.
A class action has already been filed. If you wish to act as the principal applicant, you must apply to the Court not later than 23 Aug 2021. A principal plaintiff is a representative party acting on behalf of the other members of the class to direct the litigation. If you would like to join the litigation, go to http://www.rosenlegal.com/cases-register-2094.html http://www.rosenlegal.com/cases-register-1961.html or to discuss your rights or interests in relation to this class action, please contact Phillip Kim, Esq. from Rosen law firm toll free at 866-767-3653 or by email at [email protected] or [email protected].
NO GROUP HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY A LAWYER UNLESS YOU REMAIN ONE. YOU MAY RETAIN ANY BOARD OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. THE ABILITY OF AN INVESTOR TO PARTICIPATE IN ANY POSSIBLE FUTURE RECOVERY IS NOT DEPENDENT ON SERVING AS A PRINCIPAL COMPLAINANT.
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Rosen Law Firm represents investors around the world, focusing its practice on class actions in securities and derivative litigation between shareholders. Rosen law firm was ranked # 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 3 every year since 2013. Rosen attorneys secured the largest securities class action settlement ever. against a Chinese company. Rosen Law Firm attorneys are ranked and recognized by many independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Lawyer advertising. Previous results do not guarantee a similar result.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40e Floor
new York, NY 10016
Phone. : (212) 686-1060
Toll free: (866) 767-3653
Fax: (212) 202-3827
SOURCE Rosen Law Firm, Pennsylvania