NEW
YORK, Aug. 24, 2022 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of 17
Education & Technology Group Inc..
Shareholders who purchased shares of YQ during the class period
listed are encouraged to contact the firm regarding possible lead
plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/17edtech-loss-submission-form/?id=31094&from=4
CLASS PERIOD: This lawsuit is on behalf of persons or
entities who purchased or otherwise acquired publicly traded
17EdTech securities pursuant and/or traceable to the registration
statement and related prospectus issued in connection with
17EdTech's December 2020 initial
public offering.
ALLEGATIONS: The complaint alleges that during the class
period, Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (1) 17EdTech's K-12
Academic AST Services would end less than a year after the
Company's initial public offering; (2) as part of its ongoing
regulatory efforts, Chinese authorities would imminently curtail
and/or end 17EdTech's core business; and (3) as a result,
defendants' statements about the Company's business, operations,
and prospects were materially false and misleading and/or lacked a
reasonable basis at all relevant times.
DEADLINE: September 19,
2022 Shareholders should not delay in registering for
this class action. Register your information here:
https://securitiesclasslaw.com/securities/17edtech-loss-submission-form/?id=31094&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of YQ during the timeframe listed
above, you will be enrolled in a portfolio monitoring software to
provide you with status updates throughout the lifecycle of the
case. The deadline to seek to be a lead plaintiff is September 19, 2022. There is no cost or
obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law Firm is
committed to ensuring that companies adhere to responsible business
practices and engage in good corporate citizenship. The firm seeks
recovery on behalf of investors who incurred losses when false
and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm