investors can Contact the law firm for free to learn more about recovering their losses
LOS ANGELES, Sept. 15, 2022 (GLOBE NEWSWIRE) — The law firm of Portnoy advises 17 Education & Technology Group Inc. (“17EdTech” or the “Company”) YQ Investors that a class action lawsuit has been filed on behalf of investors. 17EdTech investors who have lost money on their investment are encouraged to do so Contact Lesley Portnoy, Esq.
Investors are encouraged to contact an attorney Lesley F Portnoyby phone 844-767-8529 or E-mail: lesley@portnoylaw.comto discuss your legal rights, or click here to join the case about www.portnoylaw.com. Portnoy Law Firm can provide a free case assessment and discuss investors’ options for making claims to recover their losses.
The lawsuit alleges that the defendants misrepresented and/or withheld that: (1) 17EdTech’s K-12 Academic AST Services would be ending less than a year after the company’s IPO; (2) as part of their ongoing regulatory efforts, the Chinese authorities would immediately restrict and/or terminate 17EdTech’s core business; and (3) as a result, the statements made by defendants about the Company’s business, operations and prospects were materially false and misleading and/or lacking a reasonable basis at all relevant times.
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Portnoy Law Firm represents investors in asserting claims against companies caused by wrongdoing. The firm’s founding partner has recovered over $5.5 billion for aggrieved investors. attorney advertising. Previous results do not guarantee similar results.
Lesley F. Portnoy, Esq.
Bar Association in CA and NY
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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