Tarena International, Inc

0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS

Case Summary
Company Name: Tarena International, Inc
Stock Symbol : NASDAQ: TEDU
Class Period Start: 08/16/2016
Class Period End: 11/01/2019
Lead Plaintiff motion: 08/23/2021
Date Filed: 06/22/2021
Type of Case: Securities Class Action
Court: U.S. District Court for the Eastern District of New York
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the June 18, 2021.lead plaintiff deadline in a class action lawsuit filed against Tarena International, Inc. (NASDAQ: TEDU) (Tarena International, Inc. or “the Company”). The suit is pending in the U.S. District Court for the Eastern District of New York and investors, who purchased Tarena International, Inc securities between August 16, 2016 and November 1, 2019 (“Class Period”), have until August 23, 2021 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Tarena International, Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

 

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) certain employees were interfering with external audits of Tarena’s financial statements for certain periods; (2) Tarena suffered from revenue and expense inaccuracies; (3) 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; (4) as a result of the foregoing, Tarena’s financial statements from 2014 through the end of Class Period were not accurate; and (5) 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. When the true details entered the market, the lawsuit claims that investors suffered damages.

 

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