Levi & Korsinsky Notifies 17 Education & Technology Group Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

Revealed: Jul. 28, 2022 at 2:45 AM MST|Up-to-date: 27 minutes in the past

NEW YORK, July 28, 2022 /PRNewswire/ — Levi & Korsinsky, LLP notifies traders in 17 Education and learning & Technological know-how Group Inc. (“17EdTech” or the “Enterprise”) (NASDAQ: YQ) of a course action securities lawsuit.

Levi & Korsinsky, LLP (PRNewsfoto/Levi & Korsinsky, LLP)
Levi & Korsinsky, LLP (PRNewsfoto/Levi & Korsinsky, LLP)(PRNewswire)

Course DEFINITION: The lawsuit seeks to recover losses on behalf of 17EdTech traders who ended up adversely affected by alleged securities fraud. This lawsuit is on behalf of persons or entities who ordered or normally obtained publicly traded 17EdTech securities pursuant and/or traceable to the registration statement and linked prospectus issued in connection with 17EdTech’s December 2020 preliminary community supplying. Observe the connection below to get more data and be contacted by a member of our team:

YQ investors may possibly also get hold of Joseph E. Levi, Esq. through electronic mail at [email protected] or by phone at (212) 363-7500.

Case Specifics: The submitted grievance alleges that defendants made bogus statements and/or hid that: (1) 17EdTech’s K-12 Tutorial AST Expert services would stop significantly less than a calendar year after the Firm’s first community presenting (2) as element of its ongoing regulatory endeavours, Chinese authorities would imminently curtail and/or stop 17EdTech’s core enterprise and (3) as a end result, defendants’ statements about the Firm’s company, operations, and prospective buyers were materially fake and deceptive and/or lacked a acceptable foundation at all suitable situations.

What is Up coming? If you experienced a decline in 17EdTech through the pertinent time body, you have till September 19, 2022 to request that the Court appoint you as direct plaintiff. Your skill to share in any restoration doesn’t demand that you serve as a direct plaintiff.

NO Price TO YOU: If you are a class member, you may perhaps be entitled to payment with no payment of any out-of-pocket costs or charges. There is no expense or obligation to participate.

WHY LEVI & KORSINSKY: Around the past 20 many years, the staff at Levi & Korsinsky has secured hundreds of thousands and thousands of dollars for aggrieved shareholders and constructed a monitor record of winning superior-stakes instances. Our agency has considerable expertise representing buyers in sophisticated securities litigation and a group of about 70 staff to serve our customers. For 7 several years in a row, Levi & Korsinsky has ranked in ISS Securities Course Action Services’ Leading 50 Report as one of the best securities litigation firms in the United States.

Contact:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Flooring
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

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