GSX Techedu Inc. Class Action Lawsuit - GSX

Company
GSX Techedu Inc. (NYSE: GSX)
Lead Plaintiff Deadline
June 16, 2020 (Expired)
Class Period
June 6, 2019 - April 13, 2020

Expired

Lead Plaintiff Deadline

Jun 16, 2020

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Allegations

(i) GSX overstated its profitability, revenue, student enrollment figures, teacher qualifications, and teacher selection process; (ii) the foregoing, once revealed, was foreseeably likely to have a material negative impact on the Company’s financial results; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Eligibility

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

Lead Plaintiff Deadline

If you suffered a loss in GSX during the relevant time frame or pursuant to the relevant offering(s), you have until June 16, 2020 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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