SAN DIEGO, April 14, 2020 /PRNewswire/ -- Shareholder rights
law firm Johnson Fistel, LLP is investigating potential violations
of the federal securities laws by GSX Techedu Inc. ("GSX" or the
"Company") (NYSE: GSX).
On April 14, 2020, Andrew Left, managing editor of Citron
Research ("Citron") published a report entitled "GSX
Techedu Inc – The Most Blatant Chinese Stock Fraud since 2011" in
which Left detailed a series of alarming red flags about GSX.
Specifically, Citron alleges that GSX is overstating
revenue by up to 70%, and "The SEC must halt trading in this
security."
If you have information that could assist in this
investigation, including past employees and others, or if you are a
GSX shareholder and are interested in learning more about the
investigation, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) by email
or phone at 619-814-4471. If emailing, please include a phone
number.
Additionally, you can [click here to join this
action]. There is no cost or obligation to you.
About Johnson Fistel,
LLP:
Johnson Fistel, LLP, is a nationally
recognized shareholder rights law firm with offices in California, New
York and Georgia. The firm
represents individual and institutional investors in shareholder
derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit
http://www.johnsonfistel.com. Attorney advertising. Past results do
not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com
[click here to join this action].
View original
content:http://www.prnewswire.com/news-releases/gsx-techedu-gsx-alert-johnson-fistel-investigates-gsx-techedu-inc-investors-suffering-losses-encouraged-to-contact-firm-301040280.html
SOURCE Johnson Fistel, LLP