NEW ORLEANS, Aug. 10, 2018 /PRNewswire/ -- ClaimsFiler, a
FREE shareholder information service, reminds investors that they
have until August 17, 2018 to
file lead plaintiff applications in a securities class action
lawsuit against TAL Education Group (NYSE: TAL), if they purchased
the Company's securities between April 26,
2018 and June 13, 2018,
inclusive (the "Class Period"). This action is pending in
the United States District Court
for the Southern District of New
York.
Get Help
TAL Education investors should visit us at
https://www.claimsfiler.com/cases/view-tal-education-group-securities-litigation
or call to speak to our claim center toll-free at (844) 367-9658.
About the Lawsuit
TAL and certain of its executives are charged with failing to
disclose material information during the Class Period, violating
federal securities laws.
On June 13, 2018, a report by
Muddy Waters Research alleged a wide range of illicit activity by
TAL, including that it "has been fraudulently overstating its
profits since at least FY2016," and that "TAL combines the old
school China fraud playbook of
simply penciling in more favorable numbers with the more
sophisticated asset parking fraud of Enron."
On this news, the price of TAL's shares plummeted $4.54 per share, or over 9%, to close at
$41.11 on June
13, 2018.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information
source to help retail investors recover their share of billions of
dollars from securities class action settlements. ClaimsFiler's
team of experts monitor the securities class action landscape and
cull information from a variety of sources to ensure comprehensive
coverage across a broad range of financial instruments.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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