Gaotu Techedu Inc. F/K/A Gsx Techedu Inc. Class Action Lawsuit - GOTU

Company
Gaotu Techedu Inc. F/K/A Gsx Techedu Inc. (NYSE: GOTU)
Lead Plaintiff Deadline
February 28, 2023 (Expired)
Class Definition
American depository shares between March 5, 2021 and July 23, 2021

Expired

Lead Plaintiff Deadline

Feb 28, 2023

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Allegations

(1) China was barring tutoring for profit in core school subjects, and this policy change would restrict foreign investment in a sector that had become essential to success in Chinese school exams; and (2) the impact such regulations would have on Gaotu’s operations and profitability and the value of Company securities.

Eligibility

In order to be eligible to join the GOTU class action lawsuit, you must have incurred a loss on shares of Gaotu purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Gaotu during the relevant time frame, you have until February 28, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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