A lawsuit was filed on behalf of investors in 2U, Inc. (NASDAQ: TWOU) shares over alleged securities laws violations.
San Diego, CA -- (SBWIRE) -- 08/27/2019 -- An investor, who purchased shares of 2U, Inc. (NASDAQ: TWOU), filed a lawsuit in the U.S. over alleged violations of Federal Securities Laws by 2U, Inc.
Investors who purchased shares of 2U, Inc. (NASDAQ: TWOU) have certain options and for certain investors are short and strict deadlines running. Deadline: October 7, 2019. NASDAQ: TWOU investors should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The plaintiff claims that between February 25, 2019 and July 30, 2019, the Defendants failed to disclose to investors that the Company faced increasing competition in online education and particularly regarding graduate programs, that the Company faced certain program-specific issues that negatively impacted its performance, that, as a result, the Company's business model was not sustainable, that the Company would slow its program launches, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of 2U, Inc. (NASDAQ: TWOU) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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